Rupee rises 6 paise against US dollar in early trade

DN Bureau

Extending its rising streak for the second day, the rupee appreciated by 6 paise against the US dollar to 68.54.

Representational image
Representational image

Mumbai: Extending its rising streak for the second day, the rupee appreciated by 6 paise against the US dollar to 68.54 in early trade today on increased selling of the American currency by exporters and banks amid higher domestic equity market.

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On Friday, the rupee had gained 10 paise to end at 68.60 against the US dollar in line with a stellar rally in domestic equities despite ongoing global trade war jitters.

The benchmark BSE Sensex rose by 222.03 points, or 0.59 per cent, to hit its all-time high of 37,778.19 and NSE Nifty too scaled a new peak of 11,400 in early trade today. (PTI)

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