Rupee up 15 paise in early trade

The Indian rupee appreciated by 15 paise against the dollar in early trade today on expectations of capital inflows after firm domestic stock markets.

The Indian rupee appreciated by 15 paise against the dollar in early trade today on expectations of capital inflows after firm domestic stock markets.

At the Interbank Foreign Exchange (Forex) market, the domestic currency was quoted at 48.39 a dollar, a gain of 15 paise over the previous close of 48.54/55.

The rupee lost 65 paise against the greenback yesterday. Dealers said hopes of fresh capital inflows by foreign funds and dollar selling by banks helped rise against the US currency.

However, dollar's gains against other major currencies, capped the rupee surge to some extent. The Bombay Stock Exchange today opened higher by 130 points.

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