TI:Rupee up 14 paise against dollar in early trade
MUMBAI: The rupee strengthened by 14 paise to 61.39 against the dollar in early trade on Friday at the Interbank Foreign Exchange market on increased selling of the US currency by exporters.
Forex dealers said dollar's weakness against other currencies overseas on weak inflation figures and disappointing US corporate results supported the rupee but a lower opening in the domestic equity market capped the gains.
The rupee had gained 1 paise to close at 61.53 against the dollar in yesterday's trade.
Meanwhile, the BSE benchmark index sensex fell by 37.60 points, or 0.18%, to 21,227.58 in early trade today.
