Rupee appreciates by 16 paise against dollar in early trade

RUPEE-OPEN

Mumbai, Oct 7 (PTI) The rupee appreciated by 16 paise to
Rs 44.33 against the US dollar at the Interbank Foreign
Exchange market in the morning trade on Thursday on sustained
FII inflows into equity markets.
Besides, dollar's weakness against other major
currencies, such as euro and yen, also supported the Indian
Rupee.
The rupee had ended 19 paise higher at Rs 44.49/50
against the US currency in the previous session on dollars
selling by banks and exporters.
Meanwhile, the Bombay Stock Exchange index Sensex rose
by 38.21 points to 20,581.29 level in the opening trade. PTI
SUN
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