Rupee gains 15 paise against dollar in early trade

17 March,2010 10:12 AM IST |   |  Agencies

The Indian rupee appreciated by 15 paise to 45.43 a dollar in the early trade on Wednesday amid increased capital inflows by foreign funds into equities.


The Indian rupee appreciated by 15 paise to 45.43 a dollar in the early trade on Wednesday amid increased capital inflows by foreign funds into equities.

The domestic currency had closed 15 paise lower at 45.58/59 in the previous session on Monday. The market remained closed yesterday on account of 'gudi padwa'.

Dealers said the rupee strengthened against the US currency largely in tandem with other firming major currencies and dollar selling by banks and exporters.

Besides, fresh capital inflows by foreign funds into equities also supported the Indian rupee, they added.

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rupee gains 15 paise US dollar early trade