Rupee up 23 paise against dollar in early trade

Extending its rising streak, the rupee opened 23 paise up to trade at 60.54 against the US dollar today on heavy capital inflows.

Dealers said sustained selling of the American currency by banks and exporters also supported the rupee but a lower opening of the domestic equity market and dollar's rise against other currencies overseas, limited the gains.

The rupee had appreciated by 12 paise in its previous session to close at an over six-and-a-half month closing peak of 60.77 against the US currency.

Meanwhile, the benchmark BSE Sensex fell 50.34 points, or 0.23%, to trade at 22,005.14 in early trade today.