Rupee Ends At 43.12 Against Dollar - July 10, 2008

The rupee closed up by about 15 paise against the dollar on July 9 as global oil prices eased and political instability seemed to have been addressed for now. The rupee opened at 43.115 and reached a high of 43.09 during the day. It ended at 43.11/12, against the previous close of 43.26/27. In the forward premia market, the six month closed at 4.6 per cent (4.25 per cent) and the 12-month at 3.67 per cent (3.79 per cent).