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Re appreciates 28 paise at 46.01/$

Press Trust of India Mumbai

The Indian rupee strengthened by 28 paise against the US currency in early trade today following dollar's weakness against other currencies.

At the Interbank Foreign Exchange (forex) market, the local unit appreciated by 28 paise to 46.01 a dollar.

The Indian currency ended 6 paise lower at 46.29 in the previous session on Friday. The forex market remained closed on Monday on account  of 'bahu-beej'.

Dealers said the dollar's weakness against the major currencies gave a boost to the domestic unit.

 

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First Published: Oct 20 2009 | 10:29 AM IST

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