Rupee Appreciates Against Dollar

Mumbai: The rupee up by two paise on July 5 against the greenback on strong FII inflows into the market. Rupee opened at 40, which was also the intra-day high and saw a low of 40.51 before ending the day at 40.43. In forwards, the six-month premia closed at 2.2 8 per cent (2.09 per cent) while the 12-month closed at 2.27 per cent (2.18 per cent).