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

Rupee rises to 48.39 against dollar

Font Size

Agencies

Posted: Jul 07, 2009 at 1024 hrs IST
Rupee

Mumbai The Indian rupee appreciated by 15 paise against the dollar in early trade on Tuesday on expectations of capital inflows after firm domestic stock markets.

At the Interbank Foreign Exchange (Forex) market, the domestic currency was quoted at 48.39 a dollar, a gain of 15 paise over the previous close of 48.54/55.

The rupee lost 65 paise against the greenback on Monday.

Dealers said hopes of fresh capital inflows by foreign funds and dollar selling by banks helped rise against the US currency.

However, dollar's gains against other major currencies, capped the rupee surge to some extent.

The Bombay Stock Exchange opened higher by 130 points.

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

6 dead, 54 injured in Assam blasts

'Equipment, better intelligence could have altered 26/11 operation'

Indian govt offers safe passage to ULFA's Rajkhowa, Barua

Bofors case: CBI refuses to reveal info on 'Q' under RTI

Govt mulls plugging loopholes in immigration job ads

Pak father-son duo held in Italy over Mumbai attacks

India attaches high priority to its ties with US: Manmohan

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