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Rupee extends gains, up 10 paise vs dollar in early trade

Rupee vs dollar

Mumbai : The rupee advanced by 10 paise to 65.90 against the dollar in early trade today on sustained selling of the American currency by exporters and banks.

Forex dealers said a strong opening in domestic equity markets supported the rupee, but dollar’s strength against other currencies overseas capped gains.

The rupee had firming up by 10 paise to 66 against the dollar in yesterday’s trade on fag-end selling of the American currency by banks and exporters on the back of lower greenback in the overseas market.

Meanwhile, the benchmark BSE Sensex rose by 156.91 points or 0.60 per cent to 25,917.01 in early trade.

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