MUMBAI, JUNE 22:
The rupee strengthened by 2 paise to Rs 44.82 per dollar in the opening trade at the Interbank Foreign Exchange market today, supported by the dollar’s weakness against other Asian currencies and a higher opening in the stock market.
The rupee had appreciated by 15 paise to close at Rs 44.84/85 against the US currency in yesterday’s trade on heavy selling of dollar and a recovery in the stock market.
Forex dealers said the dollar’s weakness against other Asian currencies and a higher opening in the stock market mainly supported the rupee’s rise against the American dollar.
Meanwhile, the Bombay Stock Exchange Sensex was up by 118.56 points at 17,678.86 in the opening trade today.
Keywords: Rupee, dollar, Asian currencies, stock market
