Business   

Rupee posts sharp gains

MUMBAI, MARCH 31. On the back of an overnight mild relief-rally, the rupee today posted sharp gains against the U.S. currency, helped by strong trade and expatriate remittances amidst negligible dollar demand from corporates and importers on the final session of the current fiscal. In mostly quiet and range-bound trading at the interbank foreign exchange market, the rupee ended at 43.74/75 a dollar, a steep six paise gain from Wednesday's close of 43.8000/8150 after a positive opening slot of 43.7850/7950 due to the dollar's late rebound overseas — PTI

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts: Classifieds | Employment | Updates: Breaking News |

Stories in this Section

Adhere to deadline on governance norms: SEBI chief
Corp Bank ties up with MCX
`Choice of eating habits rests with consumer'
Centre notifies dereservation of items from SSI list
Xerox looks for greater market share in India
Birlas to set up aluminium smelter in Jharkhand
Rupee posts sharp gains
Microsoft launches `Office for Banks'
Sensex jumps 111 points
Lectra software for Tirupur institute
Mumbai-London service from Virgin Atlantic
IA board approves public offering
Bullion rates
Exchange rates
CII hails Cabinet decision
United Western Bank to raise Tier I capital
AQSR completes 1,000 registrations
Crompton Greaves bags order from NTPC
TAFE-Power Source pact with Chinese firm

Copyright © 2005, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu