| Date: |
31-03-2011 |
| Subject: |
Rupee Gains 5 Paise Against U.S. Dollar In Early Trade |
|
The Indian rupee strengthened by 5 paise to Rs. 44.69 per U.S. dollar at the Interbank Foreign Exchange on Thursday, supported by higher opening in the domestic stock market and dollar weakness against other Asian currencies.
Forex dealers said in addition to dollar losses against other Asian currencies, a higher opening in the stock market and dollar inflows from overseas also kept the rupee sentiment firm.
The rupee had appreciated by 4 paise to close at Rs. 44.74/75 against the dollar in the previous session amid bullish equities.
The Bombay Stock Exchange index Sensex was up by 137.42 points, or 0.71 per cent, to 19,427.60 points in opening trade Thursday.
Source : thehindu.com
|