Rupee Rises 5 Paise to 83.15 Against US Dollar

Mumbai: The rupee appreciated 5 paise to 83.15 against the US dollar in early trade on Monday, tracking positive domestic equities as risk-on sentiments prevailed in the market.

Forex traders said the rupee rose after the American currency dropped from its elevated levels, following a slower-than-expected US job growth in October.

At the interbank foreign exchange, the domestic unit opened at 83.17 against the dollar and then touched an early high of 83.15, registering a gain of 5 paise over its previous close.