Rupee Closes At 39.32 Against Dollar

Mumbai: The rupee gained against the dollar on Oct 10, as it continued to follow the stock market''s upward movement. The rupee opened at 39.30/32 and traded between 39.30 and 39.34 for most of the day. It closed at 39.31/32, against Oct 9, close of 39.44. The forward premia shot up sharply with the six-month closing at 1.49 per cent (1.08 per cent) and the 12-month at 1.2 per cent (1.01 per cent).