Rupee recovers 17 paise against US dollar

DN Bureau

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.

Rupee gains 17 paise
Rupee gains 17 paise


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.

Also Read | 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.










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