Rupee recovered by 15 paise

India, June 7 – The rupee on Friday recovered by 15 paise to 56.69 in early trade on Friday at the Interbank Foreign Exchange on dollar selling by exporters and some banks.

 

Besides, a weakening dollar against euro and yen in the global market ahead of the release of US employment data for May and the European Central Bank and the Bank of England both keeping monetary policy unchanged, also supported the rupee.

 

The rupee had lost 11 paise to close at 56.84 against the dollar after touching one-year lows of 57 in the previous session on sustained from importers and some banks amid volatile stock markets.

 

PTI