| Date: |
20-07-2011 |
| Subject: |
Rupee Gains 3 Paise Against U.S. Dollar In Early Trade |
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The Indian rupee strengthened by 3 paise to Rs. 44.46 per dollar in early trade on the Interbank Foreign Exchange today, supported by dollar weakness against the euro and other Asian currencies.
The rupee ended 8 paise higher Rs. 44.49/50 against the U.S. currency in yesterday’s trade amid a rebound in equities and dollar-selling by exporters.
Forex dealers said dollar weakness against the euro and other Asian currencies overseas mainly supported the rupee’s rise against the American dollar today.
Meanwhile, the Bombay Stock Exchange Sensex was up by 111.73 points, or 0.59 per cent, at 18,765.60 in early trade today.
Source : thehindu.com
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