Rupee up by 36 paise in early trade
07:25AM Fri 30 Nov, 2012
MUMBAI, November 30, 2012
The rupee strengthened by 36 paise to 54.48 against the US dollar in early trade on Friday at the Interbank Foreign Exchange on selling of American currency by exporters and banks.
Besides, a higher opening in the domestic equity market and strengthening of the euro against the dollar overseas supported the rupee, dealers said.
The rupee had gained 61 paise, its biggest gain in two months at 54.84 in Thursday’s trade helped by capital inflows worth nearly USD 300 million and sustained dollar sales by exporters.
Source: PTI
The rupee strengthened by 36 paise to 54.48 against the US dollar in early trade on Friday at the Interbank Foreign Exchange on selling of American currency by exporters and banks.
Besides, a higher opening in the domestic equity market and strengthening of the euro against the dollar overseas supported the rupee, dealers said.
The rupee had gained 61 paise, its biggest gain in two months at 54.84 in Thursday’s trade helped by capital inflows worth nearly USD 300 million and sustained dollar sales by exporters.
Source: PTI
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