Rupee gains by 9 paise
Mumbai: The Indian Rupee appreciated by 9 paise to Rs 45.62 a dollar, snapping its five-session losing streak, at the Interbank Foreign Exchange market today, supported by the greenback`s weakness against euro and higher opening on the stock market.
Forex dealers said dollar`s weakness against other euro and other currencies overseas and better opening at the stock markets kept the rupee`s sentiment firm.
The rupee had lost 3 paise to close at three-week low of Rs 45.71/72 a dollar in the previous session on Tuesday in line with late fall in stocks.
Meanwhile, the Bombay Stock Exchange index Sensex was up by 117.24 points, or 0.61 per cent to 19,086.69 points in the opening trade today.