Tuesday, April 22, 2008

Rupee Ends At 39.95 Against Dollar

The rupee opened higher at 39.82/83, on April 21, which was also the day''s high, as dealers unwound positions after the Reserve Bank of India hiked CRR last week. It closed lower at 39.95/96, against April 17 close of 39.92. The six-month premia opened at 3.09 per cent (2.65 per cent) and the 12-month at 2.38 per cent (1.96 per cent).

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