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Rupee gains 2 paise against dollar, Fed decision ahead

Press Trust of India  |  Mumbai 

The rupee firmed up 2 paise to 64.31 against the dollar in early trade today even as traders expect an increase on by the US Fed at its policy meet today.

Domestic stocks opened higher, which kept mood positive.


dealers said weakness in the dollar against other currencies overseas supported the rupee too.

Yesterday, the domestic unit ended higher by 11 paise at 64.33 against the greenback on easing retail inflation.

The benchmark rose 79.62 points, or 0.25 per cent, to 31,183.11, in early session today.

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

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