Rupee recovers 23 paise versus dollar in early trade

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File Photo
File Photo

Mumbai, 15 Oct (PTI): The Indian rupee recovered by 23 paise to 61.32 against the dollar in early trade on 15 October at the Interbank Foreign Exchange following selling of the American currency by exporters and banks.

“A higher opening in the domestic equity market and a weak dollar against other currencies overseas also supported the gain in rupee,” forex dealers said.

The rupee had lost 48 paise to close at 61.55 against the dollar in on 14 October after weak inflation and industrial output data amid fresh demand from importers for the US currency.

Meanwhile, the Bombay Stock Exchange benchmark index Sensex spurted by 142.95 points, or 0.69 percent, to 20,750.49 in early trade on 15 October.

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