Tuesday, June 28, 2011

Rupee gains 4 paise against US dollar

MUMBAI: The rupee appreciated by 4 paise to Rs 44.99 per dollar in opening trade on the Interbank Foreign Exchange on Tuesday, supported by dollar weakness against the euro and other Asian currencies and a higher opening in the stock market.

The rupee fell by 4 paise to close at 45.03/04 against the American currency in Monday's trade despite bullish domestic equities.

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

TOI

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