MUMBAI: The Indian Rupee regained strength to trade 6 paise higher at Rs 45.23 against the US dollar at the Interbank Foreign Exchange market in the morning trade today, tracking gains in other Asian currencies.
Dealer said firm opening of the stock exchanges and dollar's losses against other Asian currencies kept the rupee sentiment firm.
The rupee had lost 7 paise to close at Rs 45.29/30 against the US currency in the previous session on strong dollar demand from importers amid sharp fall in stock markets.
Meanwhile, the Bombay Stock Exchange index Sensex recovered by 170.53 points or 0.87 per cent to 19,755.97 level in the opening trade today.
Read more: Rupee gains 6 paise against dollar in early trade - The Times of India http://timesofindia.indiatimes.com/business/india-business/Rupee-gains-6-paise-against-dollar-in-early-trade/articleshow/6967819.cms#ixzz15z1HVpbg
Dealer said firm opening of the stock exchanges and dollar's losses against other Asian currencies kept the rupee sentiment firm.
The rupee had lost 7 paise to close at Rs 45.29/30 against the US currency in the previous session on strong dollar demand from importers amid sharp fall in stock markets.
Meanwhile, the Bombay Stock Exchange index Sensex recovered by 170.53 points or 0.87 per cent to 19,755.97 level in the opening trade today.
Read more: Rupee gains 6 paise against dollar in early trade - The Times of India http://timesofindia.indiatimes.com/business/india-business/Rupee-gains-6-paise-against-dollar-in-early-trade/articleshow/6967819.cms#ixzz15z1HVpbg
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