Rupee gains 11 paise vs dollar in early trade

Besides gains in euro and other currencies against the American currency, a higher opening in the equity market and dollar selling by exporters and some banks supported the rupee, dealers said.

The rupee strengthened by 14 paise to close at 52.54/55 yesterday against the US currency on fresh dollar selling by banks and exporters.

Meanwhile, the BSE benchmark Sensex recovered by 41.96 points, or 0.24 per cent, to 17,193.25 in early trade. PTI SUN RS DP RAH