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Rupee Gains 13 Paise Against Us Dollar In Opening Trade

Mumbai, Sep 13 : The Indian rupee rose by 13 paise to Rs 47.09 per dollar in opening trade on the Interbank Foreign Exchange today as the American currency weakened against the euro and other

PTI Updated on: September 13, 2011 10:47 IST
rupee gains 13 paise against us dollar in opening trade
rupee gains 13 paise against us dollar in opening trade

Mumbai, Sep 13 : The Indian rupee rose by 13 paise to Rs 47.09 per dollar in opening trade on the Interbank Foreign Exchange today as the American currency weakened against the euro and other rivals amid a rally in the domestic equity market.


Yesterday, the rupee tumbled by 66 paise to close at nearly a 14-month low of Rs 47.22/23 against the US currency amid a steep fall in the stock market and a surge in the dollar value against other major currency rivals.

Forex dealers said dollar weakness against the euro and other Asian currencies overseas and a higher opening in the domestic stock market helped the rupee's rise today following six consecutive sessions of decline.

Meanwhile, the Bombay Stock Exchange Sensex gained 180.04 points, or 1.09 per cent, to 16,681.78 points in opening trade today. PTI

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