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  • Rupee up 19 Paisa to Rs 45.56 against US dollar in early trade

    Published on February 2, 2011

    The Indian rupee gained 19 paise to Rs 45.56 against the US dollar in early trade at the Interbank Foreign Exchange Wednesday, supported by a higher opening in the stock market and weakness of the American currency against the euro.

    The rupee had appreciated by 15 paise to close at Rs 45.75/76 against the US currency tuesday on the back of fresh dollar-selling by exporters, even as the equity market experienced sharp losses.

    Dealers said that in addition to dollar weakness against other currency rivals overseas, a higher opening in the stock market Wednesday boosted the rupee sentiment.