The India rupee moved up marginally by 1 paise to Rs 45.07 against dollar in the early trade today at the Interbank Foreign Exchange, supported by dollar's weakness against other major currencies.
Forex traders said that besides dollar's weakness against other currencies, positive opening at the bourses also supported the rupee.
Rupee had ended 44 paise lower at 45.08/09 against the US dollar in the previous session, following weakness in domestic equity market amid fresh dollar demand from importers and banks.
Meanwhile, the BSE 30-share index Sensex was up by 74.61 points or 0.38 per cent at 19,771.09 level in the opening trade.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app