Rupee Ends At 39.92 Against Dollar

The rupee opened at 39.93/94 and closed at 39.92/92, increased by about four paise from the previous close of 39.96. There was no affect of the lower inflation figures, either on the spot rupee or the forward premia, as the market had factored it in, said the chief forex dealer with a public sector bank. In the forwards market, the six-month closed at 2.65 per cent (2.41 per cent) and the 12-month at 1.96 per cent (1.77 per cent).