Rupee up 12 paise at 46.60 a dollar in early trade

Mumbai, Dec 15 (PTI) The rupee Tuesday appreciated by 12
paise to 46.60 against the US currency in early trade, after
remaining weak for two days, as the dollar weakened against
other major currencies.

At the Interbank Foreign Exchange (Forex) market, the
Indian rupee strengthened by 12 paise to 46.60 a dollar. The
rupee had ended 19 paise lower at 46.72/73 in Monday's
trading.
Forex dealers said dollar's losses against other major
units and dollar selling by exporters, mainly supported the
rupee's sentiment.
The American currency remained this morning as markets
awaited signals from the US Federal Reserve after its two-day
policy meeting, they added.
Meanwhile, the Bombay Stock Exchange index Sensex had
ended 21.48 points lower at 17,097.55 yesterday. PTI SUN
MYR


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