Rupee surges 11 paise to 72.54 against US dollar in early trade
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The rupee appreciated 11 paise to 72.54 against the US dollar in opening trade on Monday supported by sustained foreign fund inflows and weakness of the American currency in the overseas market. At the interbank forex market, the domestic unit opened at 72.58 against the US dollar and inched higher to 72.54 against the greenback, registering a rise of 11 paise over its previous close. On Thursday, the rupee had settled at 72.65 against the American currency. The forex market was shut on Friday on account of Chhatrapati Shivaji Maharaj Jayanti
