| Date: |
30-08-2011 |
| Subject: |
Rupee Gains 15 Paise Against Dollar In Early Trade |
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The Indian rupee on Tuesday strengthened by 15 paise to Rs. 45.91 per U.S. dollar in early trade on the Interbank Foreign Exchange as the dollar weakened against the euro and other currencies and a rally in the domestic stock market.
Forex dealers said dollar weakness against the euro and some Asian currencies overseas and a higher opening in the domestic stock market helped the rupee to strengthen.
On Monday, the rupee had ended 9 paise higher at Rs. 46.06/07 against the U.S. dollar, helped by strong rebound in stock markets.
Meanwhile, the Bombay Stock Exchange Sensex gained 248.82 points, or 1.52 per cent, to 16,665.15 points in opening trade Tuesday.
Source : thehindu.com
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