Rupee up by 29 paise against dollar in early trade

Rupee up by 29 paise against dollar in early trade
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First Published: Wed, Oct 29 2008. 10 55 AM IST
Updated: Wed, Oct 29 2008. 10 55 AM IST
PTI
Mumbai: The Indian rupee today recovered by 29 paise at $49.59 in early trade as dollar weakened against other Asian currencies amid recovery in the equity markets.
At the Interbank Foreign Exchange (Forex) market, the Indian currency, which closed at Rs49.88 on Monday, recovered by 29 paise at Rs49.59 against the greenback.
The stock markets yesterday commenced trading on a high and positive note with the benchmark Sensex recording over 498 points gain during the hour-long ‘muhurat´ trading.
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First Published: Wed, Oct 29 2008. 10 55 AM IST