Rupee rises 6 paise to 68.83 against US dollar in early trade

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MUMBAI: The rupee appreciated by 6 paise to 68.83 against the US dollar in opening trade on Thursday.


The rupee opened strong at 68.86 at the interbank forex market then gained further to touch 68.83 per dollar, displaying gains of 6 paise over the previous closing.

On Wednesday, the rupee had settled at 68.89 against the US dollar.

The benchmark BSE Sensex was trading 84.86 points, or 0.21 per cent up to quote at 39,924.11 while the NSE Nifty was trading at 11,945.70, higher by 28.95 points, or 0.24 per cent.

Brent crude, the global benchmark, was trading at 63.38 per barrel lower by 0.69 per cent.

As per provisional data, foreign institutional investors (FIIs) remained net sellers in the capital markets, pulling out Rs 390.18 crore on Wednesday.

 

With inputs from PTI

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