Monday, February 4, 2008

Rupee Appreciates Against Dollar

Mumbai: The rupee rose further to close at 39.35/36 a dollar on Feb 1, taking cues from the stock markets. It closed at 39.37 on Jan 31. The rupee continued to witnessed narrow movements with trading in a range of 39.33 and 39.38 against the greenback at the interbank foreign exchange market. Forex dealers said the rupee movements continued to be influenced by equity markets.

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