Rupee rises 4 paise against US dollar
Rupee recovered 4 paise to 65.45 against the dollar at the interbank forex market.
Mumbai: The rupee recovered 4 paise to 65.45 against the dollar at the interbank forex market today on fresh selling of the greenback amid a higher opening of domestic equities.
A weak dollar against other currencies overseas supported the domestic unit, forex dealers said.
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Yesterday, the rupee had fell by 29 paise, or 0.44 per cent, to close at a six-month low of 65.49 against the US currency on widening trade deficit concerns amid heightened geopolitical worries.
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The benchmark BSE Sensex rose by 92.66 points, or 0.27 per cent, to 34,398.09 in opening trade today. (PTI)