Rupee Ends At 40.94 Against Dollar

Mumbai: The rupee strengthened by four paise against the greenback on Sept 5, backed by good inflows into the market. The home currency was, however, range-bound during the day. It opened at 40.92/94 and moved in the range of 40.90-40.95 before ending the day at 40.93/94, up from the previous close of 40.97/98. In forwards, the six-month premia closed at 1.13 per cent (1.10 per cent) and the 12-month closed at 1.31 per cent (1.25 per cent).