Rupee up 4 paisa against dollar in early trade

Rupee up 4 paisa against dollar in early trade

Rupee is charged up by 4 paisa at 63.66 against the US dollar  in early trade on Monday at the Interbank Foreign Exchange

Forex dealers said continued capital inflows as well as higher opening in the domestic equity supported the rupee. They said other currencies overseas capped the gains. 

The rupee of 12 paisa higher at 63.70 against the American currency in yesterday’s trade on fresh bouts of dollar selling by banks and exporters amid huge expectations of a rate cut by the Reserve Bank. Meanwhile, the benchmark BSE Sensex rose 53.54 points, or 0.19 per cent, to 27,902.53 in early trade.