MUMBAI: The rupee failed to maintain initial gains and was trading flat at Rs 45.59/60 against the US dollar in early trade on the Interbank Foreign Exchange today amid mild dollar demand from banks and corporates.
The domestic unit opened lower at 45.61/62 per dollar as against last weekend's close of 45.59/60 per dollar, but firmed up immediately to 45.53 per dollar.
However, it failed to maintain the initial gains and was ruling steady at Rs 45.59/60 per dollar after moving in a tight range between Rs 45.53 and Rs 45.62 per dollar in morning deals.
The dollar extended its gains in the New York market last Friday following a mixed US jobs report that showed a decline in unemployment picture, but disappointing growth in payrolls.
Meanwhile, the Indian benchmark Sensex was trading higher by 49 points, or 0.27 per cent, in early trade today.
The domestic unit opened lower at 45.61/62 per dollar as against last weekend's close of 45.59/60 per dollar, but firmed up immediately to 45.53 per dollar.
However, it failed to maintain the initial gains and was ruling steady at Rs 45.59/60 per dollar after moving in a tight range between Rs 45.53 and Rs 45.62 per dollar in morning deals.
The dollar extended its gains in the New York market last Friday following a mixed US jobs report that showed a decline in unemployment picture, but disappointing growth in payrolls.
Meanwhile, the Indian benchmark Sensex was trading higher by 49 points, or 0.27 per cent, in early trade today.
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