Rupee strong by 13 paise against USD

May 03 2016 10:48 AM
Rupee strong by 13 paise against USD

Mumbai: Rupee strong by 13 paise to 66.31 beside the USD in early trade at the Interbank Foreign Exchange market on selling of the American money by exporters amid foreign fund inflows.

As per the forex traders, “Weakness in dollar against some other currencies overseas and a higher opening in the domestic equity market supported the rupee”.

The rupee had gone 11 paise to close at 66.44 against the dollar yesterday on fresh request for the American unit from banks and importers despite weaker US currency in the foreign market.

The standard BSE Sensex improved by 166.41 points, or 0.65 % , to 25,603.38 in early trade on Tuesday,today.

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