ET:Rupee gains 7 paise against US dollar in early trade
MUMBAI: The rupee strengthened by 7 paise to Rs 44.36 per dollar in early trade on the Interbank Foreign Exchange today, supported by dollar weakness against other Asian currencies.
The rupee ended flat at Rs 44.43/44 against the US dollar in yesterday's volatile trade even as the US currency rose in overseas markets amid weakness in domestic stock markets.
Forex dealers said dollar weakness against the euro and other Asian currencies overseas mainly supported the rupee's rise today against the American dollar.
Meanwhile, the Bombay Stock Exchange Sensex was down marginally by 19.00 points, or 0.10 per cent, at 18,725.56 in opening trade today.
