Rupee spurts 67 paise against US dollar in early trade
The rupee spurt 67 paise to Rs 48.83 against the US dollar in early trade on the Interbank Foreign Exchange today, supported by euro gains against the American currency and a sharp rise in the domestic equities market.
Mumbai, Dec 16 The Indian rupee gained 74 paise to Rs 52.90 per US dollar in opening trade today after the Reserve Bank of India imposed restrictions on forward trading to check the slide of the domestic currency, which had tumbled to a record low of Rs 54.30 per dollar yesterday.