Rupee gains 19 paise against dollar in early trade
Posted on: 09:49 AM IST Feb 27, 2013
Mumbai The rupee appreciated by 19 paise to Rs 53.90 against the dollar in early trade at the Interbank Foreign Exchange (forex) market on Wednesday on selling of the US currency by exporters.
Besides, a higher opening in the domestic equity market supported the rupee, forex dealers said. The rupee had lost 23 paise to end at 54.09 in Tuesday'strade due to month-end dollar demand.
Meanwhile, the BSE benchmark index Sensex recovered by 79.18 points, or 0.42 per cent, to 19,094.32 in early trade.