MUMBAI: The Indian rupee recovered by 19 paise to Rs 51.71 per US dollar in early trade today on fresh selling of dollars by banks and exporters in view of persistent foreign capital inflows into the equity market amid dollar weakness overseas.
The rupee resumed steady at Rs 51.90/91 on the Interbank Foreign Exchange, but firmed up immediately to Rs 51.71 before quoting at Rs 51.84/85 per dollar at 1030 hours.
The domestic currency hovered in a range between Rs 51.71 and Rs 51.91 per dollar during morning deals.