Rupee gains 7 paise against dollar

Mumbai: The rupee strengthened by 7 paise to Rs 45.35 a dollar in early trade on Wednesday on weakness in the US currency against major world currencies.

Dealers said a higher opening in the stock markets also aided the rupee sentiment.

The rupee ended 10 paise higher at Rs 45.42/43 a dollar in the previous session following smart rally in equities and a sluggish dollar overseas.

Meanwhile, the Bombay Stock Exchange benchmark Sensex rose by 75.39 points, or 0.39 per cent, to 19,167.06 points in the opening trade on Wednesday.

You might also like