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Rupee up 20 paise at 53.25/dollar

Weakness of dollar in the overseas market has boosted the rupee value

Press Trust of India  |  Mumbai 

The erased some early gains today, but was still 20 paise at 53.25 a on persistent of the American currency by banks and amid sustained foreign capital inflows.

Weakness of in the overseas also boosted the value, a forex dealer said.

In New York market, the had slipped against the on Friday.

Back home, the resumed at at 53.44 a dollar as against the last weekend's level of 53.45. It firmed further to 53.05 before quoting at 53.25, at 1100 hrs.

The domestic currency has moved between 53.05 and 53.52 per dollar during the morning deals.

Meanwhile, the 30-index, Sensex, was 23.68 points or 0.13% at 18,776.51 at 1100 hrs.

First Published: Mon, September 24 2012. 11:53 IST