Friday, July 25, 2008

Rupee Ends At 42.15 Against Dollar - July 25, 2008

The rupee depreciated slightly against the dollar on a day that seen high volatility. The domestic currency opened stronger at 41.98 and closed at 42.14/15, against the previous close of 42.08/09. In intra-day trade, it reached a high of 41.82/83 and a low of 42.19/20. In the forward market, the 6-month premium closed lower at 4.63 per cent (4.77) and the 12-month ended at 3.90 per cent (4.07).

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