Published on October 5, 2011
The Indian rupee rose by 26 paise to 49 rupees 14 paise against the US dollar in early trade today, supported by euro gains against the American currency and a rebound in the domestic stock market. The rupee had been on a losing streak over the past three sessions and had declined by 25 paise to 49 rupees 40 paise against the US currency in yesterday’s trade.