Today the rupee elevated by 19 paise to Rs. 53.90 against the dollar in early trade at the Interbank Foreign Exchange (forex) market on selling of the US currency by exporters.

Moreover, forex dealers said that a higher opening in the domestic equity market supported the rupee. In fact, that the rupee had lost 23 paise to end at 54.09 in Tuesday’s trade due to month-end dollar demand.

A good rise for rupee!

(AW:Samrat Biswas)