Forex dealers said besides increased selling of the American currency by
exporters and banks, the dollar's weakness against other currencies
overseas also supported the rupee, but a lower opening in the domestic
equity market limited the rise.
The domestic currency had gained 14 paise to close at 61.61 against the dollar on 1st October.
Forex market remained closed on 2nd ,3rd and 6th October for Gandhi Jayanti, Dussehra and Id-ul-Zuha, respectively.
Meanwhile, the benchmark BSE Sensex fell by 137.34 points, or 0.51 percent, to 26,430.65 in early trade on Monday.
The domestic currency had gained 14 paise to close at 61.61 against the dollar on 1st October.
Forex market remained closed on 2nd ,3rd and 6th October for Gandhi Jayanti, Dussehra and Id-ul-Zuha, respectively.
Meanwhile, the benchmark BSE Sensex fell by 137.34 points, or 0.51 percent, to 26,430.65 in early trade on Monday.
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