Rupee opens flat against US dollar

DN Bureau

The rupee edged marginally higher by 1 paisa to 65.19 against the US dollar in early trade.

Rupee gain by 1 paisa
Rupee gain by 1 paisa

Mumbai: The rupee edged marginally higher by 1 paisa to 65.19 against the US dollar in early trade ahead of the Federal Reserve's policy decision today.

Besides, the dollar's weakness against some currencies overseas, fresh selling of the American currency by exporters as well as banks supported the rupee, forex dealers said.

A higher opening in the domestic equity market influenced the currency's movement, they added.

Also Read: RBI issues corrective framework for PSBs

Yesterday, the domestic unit had slipped by 3 paise to end at 65.20 a dollar due to demand uptick for the greenback.

Meanwhile, the benchmark BSE Sensex rose 226.86 points, or 0.69 per cent, at 33,223.62 in opening trade today. (PTI)

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