Mumbai: The rupee on Friday gained 24 paise to 54.11 against the dollar in early trade at the Interbank Foreign Exchange market on increased selling of the US currency by exporters and banks. Forex dealers said a higher opening in the domestic equity market and strengthening of euro and yen against the dollar overseas, also supported the domestic currency.
The rupee had lost five paise to close at 54.35 against the dollar on Thursday.
Meanwhile, the BSE benchmark index Sensex rose by 98.95 points, or 0.51 per cent,to 19,669.39 in early trade on Friday.
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The Indian rupee (Hindi: रुपया) (sign: Indianrupeesymbol.jpg; code: INR) is the official currency of India. The issuance of the currency is controlled by the Reserve Bank of India.
On 15.07.2010, the Indian Cabin ...
The economy of India is the twelfth largest economy in the world by market exchange rates and the fourth largest by purchasing power parity (PPP) basis.
India was under socialist-based policies for an entire generation from the 1947 until 199 ...
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