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Rupee jumps 5 paise against dollar to 64.25

Press Trust of India  |  Mumbai 

Extending its climb for the third day, the rupee appreciated by another 5 paise to 64.25 against the in early session today amid a higher opening of domestic equities.

Dealers said sustained selling of the greenback by banks and exporters backed up the rupee. The dollar turned weak against other currencies overseas even after the US Federal Reserve lifted and gave a more hawkish outlook.

Yesterday, the rupee had gained 3 paise to end at 64.30 against the on persistent selling of the American currency by exporters and also helped by a cooling inflation.

The benchmark rose 73.53 points, or 0.23 per cent, to 31,229.44 in early trade today.

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

First Published: Thu, June 15 2017. 09:48 IST