| Date: |
15-07-2011 |
| Subject: |
Rupee Up 1 Paise Against U.S. Dollar In Early Trade |
|
The Indian rupee rose marginally by 1 paise to Rs. 44.48 per U.S. dollar in opening trade on the Interbank Foreign Exchange on Friday, supported by a higher opening in the stock market.
The rupee had appreciated by 3 paise to close at Rs.44.49/50 against the U.S. dollar in the previous session on mild dollar selling by exporters.
Forex dealers said the higher opening in the stock market mainly helped the rupee trade higher against the U.S. dollar in early trade, but euro weakness against the American currency overseas capped the gains.
Meanwhile, the Bombay Stock Exchange Sensex was up by 105.35 points, or 0.57 per cent, at 18,723.55 in opening trade today.
Source : thehindu.com
|