News > Rupee gains 16 paise to 73.78 against US dollar in early trade

Rupee gains 16 paise to 73.78 against US dollar in early trade

The rupee appreciated by 16 paise to 73.78 against the US dollar in opening trade Wednesday, supported by the weakening of the American currency in the overseas market and positive domestic equities.

At the interbank foreign exchange, the rupee opened at 73.78 against the American dollar, registering a rise of 16 paise from the last close. Most of the Asian and emerging market pairs are trading stronger Wednesday morning and could aid sentiments.