Rupee recovers 17 paise against US dollar
The rupee recovered by 17 paise to 64.87 against the dollar in early trade on mild selling of the greenback by exporters and a higher opening in the domestic equity market.
Mumbai: The rupee recovered by 17 paise to 64.87 against the dollar in early trade today on mild selling of the greenback by exporters and a higher opening in the domestic equity market.
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Rupee softens 10 paise against US dollar
Yesterday, the rupee had plunged by 28 paise to end at a new three-month low of 65.04 against the US dollar even as importers actively covered unhedged positions amid fears over Fed rate hike.
Also Read | Rupee recovers 6 paise against dollar in early trade
Meanwhile, the benchmark BSE Sensex recovered 107.09 points, or 0.31 per cent, to 33,926.59 in early trade today.