MUMBAI: Indian currency opened slightly higher at 54.25 against the American Dollar in early trade today on the Interbank Foreign Exchange in the midst of firm stocks markets.
In the previous session on Friday, the domestic currency had closed at 54.28, even after India’s GDP growth slowed to 5.3 per cent in the second quarter of the current fiscal.
So far this year, FII inflows in the Indian equity market have topped Rs 1 lakh crore.
Meanwhile, the BSE benchmark Sensex increased by 68.45 points, or 0.35 per cent, to 19,408.35.
In global markets, the Euro appreciated to a six-week high against the US dollar.