Rupee opens 3 paise higher against dollar at 66.74

Mumbai: The rupee appreciated by 3 paise to 66.74 against the dollar in early trade on Wednesday on increased selling of the US currency by exporters and banks amid higher foreign inflows.

PTI| Last Updated: Jun 08, 2016, 11:46 AM IST
Rupee opens 3 paise higher against dollar at 66.74

Mumbai: The rupee appreciated by 3 paise to 66.74 against the dollar in early trade on Wednesday on increased selling of the US currency by exporters and banks amid higher foreign inflows.

Forex dealers said a weakening dollar against some currencies overseas and a higher opening in domestic equities kept the rupee rising.

Yesterday, the rupee had gained 20 paise to close at a fresh three-week high of 66.77 on sustained selling of the American unit amid strong recovery in domestic equities.

Meanwhile, the benchmark BSE Sensex rose 95.74 points or 0.35 percent to 27,105.41 in early session on Wednesday.