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04-12-2012, 04:04 PM #1
Rupee gains 12 paise against dollar in early trade
The Indian rupee on Thursday strengthened by 12 paise to 51.30 against the US dollar in early trade on the Interbank Foreign Exchange market, on the back of euro gains against the American currency overseas.
Dealers said euro's gains against the US dollar overseas and a higher opening in the equity market supported the rupee.
The rupee closed marginally higher by 5 paise at 51.42/43 in the previous session on fresh dollar selling by banks.
Meanwhile, the BSE benchmark Sensex recovered by 132.41 points, or 0.77 per cent, to 17,331.81 in early trade on Thursday.