Wednesday, February 6, 2008

Rupee Closes At 39.57 Against Dollar

Mumbai: The rupee continued to weaken and decline by almost 10 paise against the greenback on Feb 5 as demand for the dollar outstripped supply. The rupee opened at 39.42/44 and closed at 39.56/57, against the previous close of 39.45/46. In the forward premia market, the six-month premium closed at 1.33 per cent (1.63 per cent) and the 12-month premia at 1.36 per cent (1.52 per cent).

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