MUMBAI: The rupee was up by 12 paise at 45.08 per US dollar in early trade today on sustained dollar-selling by exporters and corporates amid weakness of the American currency overseas.
At the Interbank Foreign Exchange, the domestic unit opened slightly higher at 45.19/20 per dollar as against last Friday's close of 45.20/21 per dollar. It moved up further to 45.08 per dollar before quoting at 45.10/11 per dollar at 1030 hours.
The rupee moved in a range between 45.08 and 45.21 per dollar in morning deals.
Sustained selling of dollars by exporters and some banks and a better opening in the stock market kept the rupee sentiment firm, a forex dealer said.
The Indian benchmark Sensex was trading higher by 25.64 points, or 0.14 per cent, in early trade today.
Meanwhile, oil prices were up in Asia today, with New York contract light sweet crude for March delivery gaining $1.13 to $87.33 a barrel.
TOI
At the Interbank Foreign Exchange, the domestic unit opened slightly higher at 45.19/20 per dollar as against last Friday's close of 45.20/21 per dollar. It moved up further to 45.08 per dollar before quoting at 45.10/11 per dollar at 1030 hours.
The rupee moved in a range between 45.08 and 45.21 per dollar in morning deals.
Sustained selling of dollars by exporters and some banks and a better opening in the stock market kept the rupee sentiment firm, a forex dealer said.
The Indian benchmark Sensex was trading higher by 25.64 points, or 0.14 per cent, in early trade today.
Meanwhile, oil prices were up in Asia today, with New York contract light sweet crude for March delivery gaining $1.13 to $87.33 a barrel.
TOI
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