| Date: |
18-04-2011 |
| Subject: |
Rupee Up By 6 Paise Against US Dollar In Early Trade |
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Indian rupee strengthened by 6 paise to Rs. 44.27 against the U.S. dollar in early trade on the Interbank Foreign Exchange today, aided by capital inflows and a firming trend in the stock market.
However, dollar’s rise against euro and other major currencies overseas, limited its gains.
Rupee had appreciated by 17 paise to close at Rs. 44.33/34 against the U.S. dollar in the previous session on Friday on the back of fresh dollar selling by exporters.
Dealers said steady capital inflows and the higher opening in the stock market kept the rupee sentiment firm.
The Bombay Stock Exchange benchmark Sensex moved up by 54.79 points, or 0.28 per cent to 19,441.61 in opening trade today.
Source : thehindu.com
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