PT:Indian Rupee up 28 paise against dollar in early trade
Mumbai, May 13 (PTI) The Indian rupee erased its early gains but was still quoted higher by 28 paise to 59.77 against the American currency in morning trade on fresh selling of dollars by banks and exporters on the back of persistent foreign capital inflows into equity market.
Weakness of the dollar in the overseas market also boosted the rupee, a forex dealer said.
The rupee resumed higher at 59.70 per dollar as against the last closing level of 60.