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Rupee trims early gains, still up by 14 paise Vs USD

The rupee pared its early gains, but was still higher by 14 paise against the US dollar at Rs 62.14 in late morning trade today on sustained bouts of dollar selling by banks and exporters.

Rupee rises from record low, zooms 225 paise to 66.55 Vs USD

The battered rupee gained 225 paise to 66.55 against the dollar Thursday, the most in at least 15 years, after the Reserve Bank of India eased pressure in the currency market by starting a facility for state-run oil refiners to buy foreign exchange.