Rupee up 8 paise against dollar in early trade

[RajeshSingh]

Maintaining its gaining streak for the fifth straight day, the rupee appreciated by eight paise to 61.19 against the US dollar in early trade at the Interbank Foreign Exchange today on increased capital inflows amidst selling of the American currency by exporters.

Besides, strengthening of the euro against the dollar in overseas market and a higher opening in the domestic equity market supported the rupee, traders said.