Rupee gains 4 paise against US dollar in opening trade

Mumbai: The Indian rupee moved up marginally by 4 paise to Rs 51.91 per US dollar in morning trade on the Interbank Foreign Exchange today, tracking gains registered by

the euro overseas against the American currency.

[caption id=“attachment_142973” align=“alignleft” width=“380” caption=“The rupee rose by 30 paise to close at a one-week high of Rs 51.95/96 against the dollar in the previous session on fresh dollar-selling by exporters. Reuters”]  [/caption]

Forex dealers said dollar weakness against the euro and other currency rivals overseas and a higher opening in the domestic stock market supported the Indian rupee’s rise.

The rupee rose by 30 paise to close at a one-week high of Rs 51.95/96 against the dollar in the previous session on fresh dollar-selling by exporters.

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Meanwhile, the BSE benchmark Sensex was up by 98.37 points, or 0.61 per cent, at 16,068.76 in opening trade today.

PTI