Rupee Vs Dollar: On Friday, rupee had ended higher by 48 paise at 69.72 against dollar.The rupee appreciated by 33 paise to 69.39 against US dollar in opening trade Monday, driven by strong gains in domestic equities and weakening of greenback in overseas markets.The rupee opened strong at 69.38 at interbank forex market against previous close of 69.72 per dollar amid sustained foreign fund inflows and positive opening in domestic equities.The rupee moved in range of 69.46 per dollar to 69.34 per dollar in early trade and was trading at 69.39, displaying strong gains of 33 paise against greenback.
Forex dealers said, selling of American currency by exporters supported rupee.
On Friday, rupee had ended higher by 48 paise at 69.72 against dollar in line with smart gains in domestic equities and uptrend in other emerging market currencies.Foreign funds pulled out Rs 157.72 crore from capital markets on a net basis, while domestic institutional investors purchased shares worth Rs 240.60 crore Friday, provisional data showed.
The benchmark BSE Sensex rose by 287.74 points, or 0.81 per cent to quote at 35,982.84, while NSE Nifty climbed 84.90 points, or 0.79 per cent, to 10,812.25.
Meanwhile, brent crude, global benchmark, was trading lower at 57.74 per barrel, higher by 1.19 per cent.