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Rupee takes a hike of 16 paise against dollar in early trade
Rupee takes a hike of 16 paise against dollar in early trade

Today;Rupee compressed up 16 paise to 66.86 against the dollar in early trade .

As per the forex dealers said, “Weakness in the dollar against other currencies overseas supported the rupee.”

They further added that, “Further, foreign fund inflows and a higher opening in the domestic equity market gave the uptrend some momentum”

On Thursday; the local unit ended below the psychological 67-mark, falling 13 paise to hit over two-week low of 67.02.
However, the benchmark BSE Sensex rose 258.59 points or 0.91 % to 28,671.48 in early session today.

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