Rupee inches up 7 paise against dollar
Mumbai : The rupee recovered by 7 paise to 66.45 against the US dollar in early trade today on fresh selling of the American currency by exporters amid sustained foreign fund inflows.
Besides, weakness in the dollar against other currencies overseas supported the rupee, forex dealers said.
The rupee had lost 8 paise to close at 66.52 against the US dollar yesterday on month-end demand for the American currency from importers despite a lower greenback overseas.
The benchmark BSE Sensex was quoting lower by 55.65 points, or 0.21 per cent, to 25,547.45 in early trade.