| Date: |
28-06-2011 |
| Subject: |
Rupee Gains 4 Paise Against Dollar In Early Trade |
|
The Indian rupee appreciated by 4 paise to Rs 44.99 per dollar in opening trade on the Interbank Foreign Exchange on Tuesday, supported by dollar weakness against the euro and other Asian currencies and a higher opening in the stock market.
The rupee fell by 4 paise to close at 45.03/04 against the American currency in Monday’s trade despite bullish domestic equities.
Forex dealers said dollar weakness against the euro and other Asian currencies overseas and a better opening in the stock market kept the rupee sentiment firm against the American dollar in opening trade.
Meanwhile, the Bombay Stock Exchange Sensex was up by 95.91 points at 18,508.32 in opening trade.
Source : thehindu.com
|