Rupee up 14 paise vs USD in early trade

Mumbai, Feb 14: The Indian rupee recovered by 14 paise to 62.28 in early trade Friday at the Interbank Foreign Exchange market on dollar selling by exporters and increased capital inflows.
Forex dealers said dollar's weakness against other currencies overseas after weaker-than-expected US retail sales data and higher opening in the domestic equity market also supported the rupee.
The rupee had lost 32 paise, logging its biggest daily drop in over two weeks, to close at 62.42 Thursday against the US currency in line with weakness in domestic stocks and sustained demand of the American currency from oil importers.     — PTI