| Date: |
18-02-2011 |
| Subject: |
Rupee Gains 13 Paise To 1-Month High Against US Dollar |
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Mumbai, Feb 18 (PTI) The Indian rupee rose by 13 paise to a one-month high of 45.21 per US dollar at the Interbank Foreign Exchange today, supported by a rally in the domestic stock market and dollar weakness against other currencies.
Forex dealers said a higher opening in the stock market and dollar losses against a basket of major currency rivals overseas kept the rupee sentiment firm.
The rupee had gained 18 paise to close at Rs 45.34/35 per dollar in the previous session on the back of bullish domestic equities and sustained dollar-selling by exporters and banks.
Meanwhile, the Bombay Stock Exchange index Sensex was up by 119.85 points, or 0.65 per cent, to 18,626.67 in opening trade today.
Source : news.in.msn.com
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