MARKET
HEADLINES
Rupee
gains 7 paise against dollar in early trade
The
rupee strengthened by seven paise to 62.15 against the US dollar in
early trade today at the Interbank Foreign Exchange on increased
selling
of the American currency by exporters and banks.
Forex
dealers said besides selling of the US currency by exporters and
banks, a higher opening in domestic stock market and the dollar's
weakness against other currencies overseas, supported the rupee. The
rupee had closed with a gain of 12 paise against the US dollar at
62.22 in
the previous session on Friday.
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