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Morning trade: Rupee gains 6 paise against dollar

The rupee had recovered by two paise to end at 61.73 yesterday on fag end selling of dollars by banks and exporters.

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The rupee appreciated by six paise to 61.67 against the US dollar in early trade today at the Interbank Foreign Exchange on increased selling of the American currency by exporters.

Besides, strengthening of the dollar against major currencies overseas and a higher opening in domestic equity markets, supported the rupee.

The rupee had recovered by two paise to end at 61.73 yesterday on fag end selling of dollars by banks and exporters.

Meanwhile, the benchmark BSE Sensex recovered by 55.75 points, or 0.19 per cent, to trade at 28,906.72 in opening trade.

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