Thursday, January 22, 2009

Indian Rupee Gains Against Dollar - Jan 22, 2009

The Indian rupee on Wednesday ended up by nine paise at 49.11/12 against the greenback on dollar offloading by some banks amid the US currency''s gaining strength against its rivals in the overseas market. The domestic unit opened lower at 49.25/27 a dollar on Wednesday. It later touched a low of 49.40 on bearish equity markets and continued capital outflows. With dollar supply improving, the local unit touched a high of high of 49.03 before concluding the day at 49.11/12 against a dollar.

No comments: