Rupee recoups 7 paise against dollar

Image
Press Trust of India Mumbai
Last Updated : Nov 22 2016 | 9:48 AM IST
The rupee edged higher by 7 paise to 68.09 against the US dollar at the forex market in early trade today on fresh selling of the American currency by exporters.
Besides, the dollar's weakness against some currencies overseas and early gains in the domestic equity market supported the rupee, dealers said.
Yesterday, the rupee had lost 3 paise to close at 68.16 against the American currency on the back of sustained dollar demand from importers amidst fall in stocks.
Meanwhile, the benchmark BSE Sensex was trading higher by 260.79 points, or 1.01 per cent, at 26,025.93 in early trade today.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Nov 22 2016 | 9:48 AM IST

Next Story