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Rupee gains 9 paise against dollar in early trade

Extending its gains for the seventh day in a row, the rupee strengthened by 9 paise to 66.24 against the US dollar in early trade today at the Inter-bank Foreign Exchange on continued selling of the American currency by exporters and banks amid fresh foreign funds inflows

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Extending its gains for the seventh day in a row, the rupee strengthened by 9 paise to 66.24 against the US dollar in early trade today at the Inter-bank Foreign Exchange on continued selling of the American currency by exporters and banks amid fresh foreign funds inflows.

Besides selling of the US currency by exporters and banks, a higher opening in domestic stock markets and the dollar's weakness against some currencies overseas helped, forex dealers said.

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