Rupee gains 16 paise against dollar
PTI / Mumbai October 25, 2012, 18:25 Paring early losses, the rupee today gained 16 paise to close at 53.56 against the US dollar on the back of a rise in local stocks amid fresh selling of the American currency by exporters.
The rupee strengthened by 21 paise to 52.14 against the US dollar in early trade on Thursday.