FE:Indian rupee up 5 paise against US dollar on last trading day of 2013
The Indian rupee today gained 5 paise to 61.86 against the US dollar in early trade at the Interbank Foreign Exchange market on increased selling of the American currency by exporters.
Forex dealers said strengthening of other currencies against the dollar overseas and a higher opening in the equity market also supported the rupee.
The domestic unit had closed 6 paise lower at 61.91 yesterday on month-end demand for the US currency from importers amid a sluggish equity market.
Meanwhile, the benchmark BSE Sensex rose 73.78 points, or 0.35 per cent, to 21,216.79 in opening trade today.
