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Rupee rebounds 6 paise against dollar in early trade

Press Trust of India  |  Mumbai 

The recouped by 6 paise to 63.45 against the in early trade today on fresh selling of the American by exporters and banks amid early gains in stocks.

dealers said persistent inflows of foreign funds and weakness in the against other currencies overseas supported the domestic unit.

Yesterday, the had retreated from its near three- year high and ended lower by 14 paise at 63.51 against the US on fresh bouts of demand amid concerns over the sluggish outlook for economic growth.

Meanwhile, the benchmark rose 134.73 points, or 0.39 per cent, to quote at an all-time high of 34,487.52 in opening session.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 09 2018. 09:55 IST