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).

Rupee Ends At 42.68 Against Dollar - July 22 , 2008

The rupee increased by 15 paise against the dollar on a day that seen relatively thin trading volumes. The domestic currency opened higher at 42.66/68 and reached an intra-day low of 42.77/78. It closed at 42.67/68, against the previous close of 42.81/82. In the forward market, the 6-month premium closed higher at 5.23 per cent (5.09) and the 12-month ended at 4.40 per cent (4.29).

Rupee Ends At 43 Against Dollar - July 11, 2008

The rupee increased by 11 paise against the dollar on July 10 mainly due to heavy selling of dollars by big corporate houses. The domestic currency opened at 43.16/18 and reached an intra day low of 43.25. It closed at 43, against the previous close of 43.11/12. In the forward market, the 6-month premium closed higher at 4.68 per cent (4.16) and the 12-month ended at 4.05 per cent (3.67).