The rupee trimmed its early gains but was still quoted up by 3 paise at 56.14 against the dollar in late morning trade today due to selling of the US currency by banks amid its lower value overseas. Good foreign capital inflows into equity market also affected the market sentiment. The rupee resumed slightly higher at 56.15 per dollar as against the previous closing level of 56.17 at the Interbank Foreign Exchange, Forex Market and firmed up further to 56.07.
News On AIR | May 30, 2013 11:53 AM
Rupee trims early gains; still quoting 3 paise up at 56.14 vs dollar