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Continuing its rising streak for the seventh straight session, the rupee rose by 9 paise to 62.18 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange on sustained selling of dollars by exporters.
In This Pic : Rupee extends gains, up 9 paise against dollar
Pic Courtesy : BCCL
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Forex dealers said besides selling of the American currency by exporters and banks, dollar's weakness against other currencies overseas also supported the rupee.
In This Pic : Rupee extends gains, up 9 paise against dollar
Pic Courtesy : BCCL
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They said, however, a lower opening of the domestic equity market capped the rise.
In This Pic : Rupee extends gains, up 9 paise against dollar
Pic Courtesy : BCCL
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The rupee had strengthened by 19 paise against US dollar to end at 62.27 in Monday's trade.
In This Pic : Rupee extends gains, up 9 paise against dollar
Pic Courtesy : BCCL
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Meanwhile, the benchmark BSE Sensex was down by 34.19 points, or 0.12 percent, to 28,157.83 in early trade on Tuesday.
In This Pic : Rupee extends gains, up 9 paise against dollar
Pic Courtesy : BCCL
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