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Rupee extend gains, up 11 paise in early trade

Press Trust of India  |  Mumbai 

The rupee advanced by 11 paise to 64.85 against the dollar at the interbank market today on increased selling of the US currency by exporters and banks.

A weak dollar against other currencies overseas supported the rupee gains.


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 rebounded by 244.99 points, or 0.73 per cent, to 33,463.80 in opening trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 09 2017. 09:42 IST
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