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Rupee recovers by 7 paise to 64.95 against dollar in early trade

The rupee recovered by 7 paise to 64.95 against the dollar in early trade today on mild selling of the US currency by exporters.The rupee had lost 28 paise to close at 65.02 yesterday due to fresh bouts of demand for the greenback amid renewed Fed rate hike fears.

Meanwhile, the benchmark BSE Sensex fell by 100.74 points to 32,508.42, while the NSE Nifty retreated from record by falling 29.30 points to 10,205.15 in early trade.

Source: AIR