MUMBAI, DEC 2: Extending gains for the fourth session, the rupee appreciated by another 5 paise to 68.29 against the US dollar in early trade today on continued selling of the American currency by banks and exporters.
Forex dealers said the dollar’s weakness against some currencies overseas boosted the rupee sentiment.
However, a weak domestic equity market restricted the rupee's gains, they said.
Yesterday, the domestic currency had gained 4 paise to end at a one-week high of 68.34 against the resurgent dollar following robust macro-economic data even as crude prices jumped after the historic OPEC deal.
Meanwhile, the benchmark BSE Sensex plunged 199.97 points, or 0.75 per cent, to 26,359.95 in early trade.
Source: Thehindubusinessline.com
