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Rupee recovers 4 paise to 67.25 against dollar in early trade

Dollar's weakness against other currencies overseas supported rupee

Indian Rupee

Press Trust of India Mumbai
The rupee recovered by four paise to 67.25 against the US dollar in early trade on fresh selling of the American currency by exporters and banks.

Forex dealers said a higher opening in the domestic equity markets too supported the domestic unit and dollar's weakness against other currencies overseas supported rupee.

Yesterday, the rupee had tumbled by 44 paise to close at more than two-year lows of 67.29 against the US dollar.

Meanwhile, the benchmark BSE Sensex recovered by 139.67 points, or 0.56%, to quote at 24,912.64 in early trade.
 

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First Published: Jan 15 2016 | 9:42 AM IST

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