Friday, September 7, 2007

Rupee Ends At 40.80 Against Dollar

Mumbai: The rupee strengthened by 13 paise against the greenback on Sept 6, following good dollar supplies into the domestic market. The home currency opened at 40.92, little unchanged from Sept 5, close of 40.93/94 and remained steady at that level throughout the day before ending the day at 40.80, up from the previous close of 40.93/94. In forwards, the six-month premia closed at 1.10 per cent (1.13 per cent) and the 12-month closed at 1.32 per cent (1.31 per cent).

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