Rupee Rises 6 Paise Against US Dollar in Early Trade
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Selling of the American currency by exporters and banks and a higher opening in the domestic equity market boosted the rupee, forex dealers said.
The benchmark BSE Sensex rose by 288.22 points, or 0.77 per cent, to hit its all-time high of 37,272.86 and NSE Nifty too scaled a new peak of 11,237.45 in early trade on Friday.
On Thursday, the rupee had gained 13 paise to close at a fresh one-week high of 68.66 against the US dollar as steady unwinding of the greenback by exporters and banks helped the local unit extend gains for the second day
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Source: News18