Rupee extends gains, up 11 paise in early trade

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Rupee extends gains, up 11 paise in early trade

Published : Nov 9, 2017, 9:37 am IST
Updated : Nov 9, 2017, 9:37 am IST

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Mumbai: The rupee advanced by 11 paise to 64.85 against the dollar at the interbank forex market today on increased selling of the US currency by exporters and banks. A weak dollar against other currencies overseas supported the rupee gains.

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Stocks markets opening with gains also bolstered the domestic currency, a dealer said. Yesterday, the rupee had staged a mild recovery after a two-session fall and ended higher by 7 paise at 64.96 against the US currency.

The benchmark BSE Sensex rebounded by 244.99 points, or 0.73 percent, to 33,463.80 in opening trade. PTI

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