Thursday, September 11, 2008

Rupee Ends At 45.11 Against Dollar - Sep 11, 2008

The rupee decreased by 26 paise against the dollar on Sept 10, to levels last seen in November 2006. It reached the psychologically important level of 45 to the dollar, on account of largescale dollar purchasing by gold and oil importers. The domestic currency opened weaker at 44.92/94, but strengthened to 44.87. It then depreciated to 45.17 before recovering marginally to close at 45.10/11, against the previous close of 44.84

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