Rupee up 13 paise against dollar in early trade
Posted on: 10:16 AM IST May 02, 2013
Mumbai: Continuing its gains for the third consecutive session, the rupee on Thursday rose by 13 paise to 53.67 against the dollar in early trade on the Interbank Foreign Exchange market, on sustained selling of the US currency by exporters. Forex dealers said euro's gains against the dollar after the US Federal Reserve opted to keep its easy-money policies in place on the back of lacklustre economic data, also supported the rupee.
The rupee had gained 45 paise to close at nearly three-month high of 53.80 against the dollar in the previous session on Tuesday. The Forex and money markets were closed on Wednesday for 'Maharashtra Day'.
Meanwhile, the BSE benchmark index Sensex fell by 52.92 points, or 0.27 per cent, to 19,451.26 in early trade on Thursday.