ID :
170804
Fri, 03/25/2011 - 12:30
Auther :

Rupee up 11 paise against US dollar in early trade

Mumbai, Mar 25 (PTI) The Indian rupee strengthened by 11
paise to Rs 44.64 against the US dollar in early trade on the
Interbank Foreign Exchange on Friday, extending gains for the
sixth straight session, supported by capital inflows and a
firming trend in the stock market.
The rupee had appreciated by 10 paise to close at Rs
44.75/76 against the US dollar in the previous session on the
back of rising equities and sustained selling of dollars by
exporters and banks.
Forex dealers said steady capital inflows and the higher
opening on the stock market continued to keep the rupeer
sentiment firm.
The Bombay Stock Exchange benchmark Sensex shot up by
196.87 points, or 1.07 per cent to 18,547.61 in opening trade
on Friday.

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