Rupee gains 20 paise to 81.50 against dollar

Mumbai: The rupee rose by 20 paise to 81.50 against the US currency in morning trade on Wednesday following a weak dollar in the global markets.

Early losses in domestic stock markets and a rebound in oil



prices, however, restricted the rupee's gains.

At the interbank foreign exchange, the rupee opened higher at 81.62 and rose further to a high of 81.49 in morning trade.