Rupee bounces back by 11 paise vs dollar
The rupee bounced back by 11 paise to 44.88 per US dollar on fresh selling of dollars by banks and exporters in view of dollar weakness in global markets.
The rupee recovered by 8 paise to 55.43 against the American currency in early trade on Monday, snapping a four-session losing streak, at the Interbank Foreign Exchange on dollar selling by exporters and some banks.