Tuesday, November 11, 2008

Partially Convertible Rupee Closed At Stronger Than - Nov 11, 2008

Indian rupee ended stronger on Monday due to the handsome gains in the domestic stock market that renewed hopes for fresh capital inflows. The partially convertible rupee closed at 47.35/37 per dollar, 0.6 per cent stronger than Friday''s close of 47.65/66.Domestic currency also gets hopes from the China''s $586 billion spending plan that is expected to investor confidence in Asian economies.

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