Rupee Ends 40.90 Against Dollar

Mumbai: The rupee ended firm against the dollar on Aug 22, because the dollar supply outstripped demand. The rupee opened at 41.05/06 and closed at 40.90, about 18 paise up from the previous close of 41.08/09. In the forwards market, the six-month premium closed at 1.58 per cent (1.46 per cent) and the one-year closed at 1.62 per cent (1.56 per cent).