MUMBAI: The Indian rupee strengthened by 13 paise to 63.31 against the US dollar in the early trade today on fresh selling of the American currency by exporters.
Forex dealers said besides fresh selling of the American currency by exporters, dollar’s weakness against other currencies after a US data showed a sharp rise in the trade deficit, supported the rupee at Interbank Foreign Exchange.
They said, however, a lower opening in the domestic equity markets capped the gains.
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