Tuesday, February 8, 2011

Rupee gains 13 paise against dollar in early trade

MUMBAI: The rupee appreciated by 13 paise to Rs 45.35 a dollar, continuing its rising streak for the sixth- -straight session, at the Interbank Foreign Exchange market on Tuesday, supported by higher opening on the stock market and dollar's weakness against other Asian units.

Forex dealers said dollar's losses against other Asian currencies overseas and better opening at the stock markets kept the rupee's sentiment firm.

The rupee had gained 11 paise to close at Rs 45.48/49 a dollar in the previous session on persistent dollar sale by banks and corporates on the back of a weak greenback overseas.

Meanwhile, the Bombay Stock Exchange index Sensex was up by 104.32 points, or 0.58 per cent, to 18,141.51 points in opening trade today.

tOI

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