Rupee Gains 18 Paise Against US Dollar in Early Trade
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Forex dealers said besides sustained selling of the greenback, a higher opening of the domestic equity markets boosted the local unit at the interbank forex market.
However, the dollar’s strength against some currencies overseas capped the gains.
On Thursday, the rupee had gained by 5 paise to end at 68.63 against the US currency.
The benchmark BSE Sensex rose 162.56 points, or 0.42 per cent, to hit an all-time high of 38,050.12. The NSE Nifty too scaled a new peak of 11,495.20 in early trade on Thursday.
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Source: News18