Rupee appreciated by 8 paise against dollar

Friday:The rupee gains by 8 paise to 67.13 against the US dollar in early trade today. According to the Forex dealers, “besides selling of the American currency and positive economic data, a higher opening in the domestic equity market and weakness of the dollar against some other currencies overseas supported the rupee”.

On Thursday, the rupee had lost 6 paisa to 67.21 besides USD on on fag-end demand for the American unit from banks and importers amid fall in domestic stocks.

However, the benchmark BSE Sensex rebounded 188.80 points or 0.71 % to 26,714.26 in early trade today.

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