Rupee gains 15 paise against U.S. dollar

A higher opening in the domestic equity market influenced the rupee uptrend.

Published - March 14, 2016 09:37 am IST - Mumbai

Chennai: 10.03.14. For City: Dollars and Indian rupees in Chennai on Monday 10th March 2014. Photo: M_Karunakaran

Chennai: 10.03.14. For City: Dollars and Indian rupees in Chennai on Monday 10th March 2014. Photo: M_Karunakaran

The Rupee strengthened by 15 paise to 66.90 against the dollar in early trade at Interbank Foreign Exchange, extending its upward march for a fourth straight day on sustained selling of the U.S. currency by exporters and banks, amid higher opening in the domestic equity market.

Further, a higher opening in the domestic equity market influenced the rupee uptrend.

On Friday, the rupee had gained 2 paise to end at 67.05 per dollar.

Meanwhile, the Sensex surged 232.32 points or 0.94 per cent to 24,950.3.

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