Indian rupee up 6 paisa at 64.39

The Hindu Business Line file photo

Mumbai, India (BBN) – The rupee gained 6 paisa to 64.39 against the dollar in the opening trade on firm domestic equities.

Apart from selling of the American currency by exporters, forex dealers said the dollar’s weakness against other currencies overseas supported the rupee’s upmove, reports The Hindu Business Line.

On Friday, the rupee had gained 12 paisa to end at 64.45 on fresh selling of the American currency amid unwinding of long dollar bets ahead of release of key US macro data.

Meanwhile, the benchmark BSE Sensex rose 194.68 points, or 0.58 per cent, to 33,444.98, while the NSE Nifty climbed 46.15 points, or 0.44 per cent, to 10,311.80 in early trade.

BBN/MMI/ANS

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