Rupee gains 10 paise against US dollar in early trade
Forex dealers said a higher opening in the stock market and dollar losses against the euro and other currencies kept the rupee sentiment firm.
The Indian rupee rose by 10 paise to 44.94 per US dollar at the Interbank Foreign Exchange today, supported by a rally in the domestic stock market and dollar weakness against the euro overseas.Forex dealers said a higher opening in the stock market and dollar losses against the euro and other currencies kept the rupee sentiment firm.The rupee had lost 9 paise to close at Rs45.04/05 per dollar in the previous session on fresh dollar demand from importers.Meanwhile, the Bombay Stock Exchange index Sensex was up by 247.21 points, or 1.33%, to 18,736.97 in early trade today.