Rupee gives up early gains against dollar
The rupee gave up early gains against the dollar on Monday but was still up 14 paise at 55.01 a dollar as banks and exporters sold the American currency amid inflows from foreign funds into the equity market.
Mumbai, Nov 12 The rupee failed to maintain earlier gains but was still higher by four paise at 54.71 against dollar in late morning trade today on uneven demand and supply of the American currency from banks, despite strong dollar overseas.