MSN:Rupee gains 5 paise against US dollar in early trade
Mumbai, June 29 (PTI) The Indian rupee was up by 5 paise at Rs 44.98 per US dollar in early trade on the Interbank Foreign Exchange today on fresh foreign fund inflows amid a firming trend in the equity market.
The rupee had closed flat at 45.03/04 against the US currency yesterday on alternate bouts of buying and selling.
Forex dealers said the higher opening in the stock market and some strength in the euro overseas mainly helped the rupee to rise against the US dollar in early trade.
Meanwhile, the Bombay Stock Exchange Sensex was up by 120.04 points, or 0.65 per cent, at 18,612.49 in opening trade today.
