Rupee Ends At 41.04 Against Dollar

Mumbai: The forex market witnessed volatile movement on Aug 23, with the rupee ending about 13 paise lower against the previous close against the dollar. The rupee closed at 41.03/04 against Aug 22, level of 40.90. It opened at 40.79/80, about 10 paise higher. But as the equity market weakened, the rupee touched a low of 41.20 during day trade, before recovering towards the close. In the forward premia market the six-month premium closed at 1.52 per cent (1.59 per cent) and the one-year at 1.61 per cent (1.62 per cent).