www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShopping TendersClassifieds Opinions Hotels
Sign In / Register | Archive
Expressindia » Story

Rupee appreciates to 48.62 against dollar

Font Size

Reuters

Posted: Feb 09, 2009 at 0903 hrs IST
Rupee

Mumbai The Indian rupee edged higher on Monday, helped by firmer Asian stock markets, but likely dollar buying by refiners may check sharp gains.

At 9:07 a.m., the partially convertible rupee was at 48.62/63 per dollar, above Friday's close of 48.67/68.

The Nikkei average was trading up 1 per cent and Hong Kong's Hang Seng rose 0.4 per cent. Nifty stock futures in Singapore were trading up nearly 0.8 per cent, pointing to a higher opening in India.

Oil paused from its decline and steadied around $40 a barrel on Monday, as hopes the United States would act swiftly to approve a economic stimulus this week outweighed demand concerns.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

FBI team to give India details of Headley-Rana plans

Omar favours triangular talks among India, Pak, separatists

Kaiga leakage: Kakodkar calls it deliberate, probe on

India-Canada clinch civil nuclear deal

Bolt to participate in Commonwealth Games: Kalmadi

Radiation leak at Kaiga nuke plant leave employees sick

50 CAT exam centres closed today after technical gliches disrupt exams

More
Featured Services
© 2009 The Indian Express Limited. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map