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Rupee Gains 6 Paise Against Dollar In Early Trade.


Date: 21-02-2011
Subject: Rupee Gains 6 Paise Against Dollar In Early Trade
The Indian rupee appreciated by 6 paise to Rs. 45.14 per dollar at the Interbank Foreign Exchange market on Monday, supported by a higher opening in the stock market and dollar weakness against other currencies.

Forex dealers said dollar weakness against other currencies and a better opening in the stock market kept the rupee sentiment firm.

The rupee had gained 14 paise to close at a one-month high of Rs. 45.20/21 per dollar in the previous session.

Meanwhile, the Bombay Stock Exchange Sensex was up by 95.23 points, or 0.52 per cent, at 18,306.75 in opening trade on Monday.

Source : thehindu.com

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