Wednesday, December 31, 2025 | 07:35 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Rupee gains momentum, up 4 paise against dollar

The rupee extended its winning streak for the sixth day on continued selling of the American currency by banks and exporters

Rupee

Press Trust of India Mumbai
The rupee appreciated by another 4 paise to 66.31 against the US dollar in early trade today, extending its winning streak for the sixth day on continued selling of the American currency by banks and exporters.

Forex dealers said that apart from sustained selling of the American currency by banks and exporters and crude falling to multi-year lows, dollar's weakness against other currencies overseas backed up the rupee at the Inter-bank Foreign Exchange.

They said, however, a lower opening in the domestic equity market capped the gains.

The local currency had gained five paise to close at 66.35 in yesterday's trade.
 

Meanwhile, the benchmark BSE Sensex fell 43.64 points, or 0.17%, to 25,692.26 in early trade.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 22 2015 | 9:42 AM IST

Explore News