Business   

Rupee rises further

MUMBAI: The rupee rose further against the dollar on Tuesday on continued trade inflows coupled with weak dollar in the overseas market. Stock markets also firmed up sharply indicating good trade inflows, a dealer said.

In a active trading at the interbank foreign exchange market, the rupee started better at 44.93/94 a dollar over last weekend's close of 44.96/98 a dollar and later rose further to end at 44.8850/8950, smartly higher than the last close.

The Reserve Bank of India fixed the reference at Rs. 44.99 a dollar against the last level of 44.97.

PTI

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

Stories in this Section

Cut cement prices: Govt.
Review spectrum policy, says Ratan Tata
Sensex at new peak
Timex introduces new collection
Murugappa group's capex plan
Rupee rises further
It is CDMA that is favoured: COAI
ICICI Lombard directed to stop marketing Loan Shield policy
L&T floats ship building venture
Tata Tea to acquire Czech tea co.
Exchange rates
Bullion rates
HC stays SEBI order on Karvy
TERC to review FTAs' progress today
Tea Board files caveat
William Arthur joins Wipro's board
Seminar on 5S
Hero Honda April sales up
Aksh Optifibre to merge broadband arm with itself
UTI-Basic Industries Fund renamed
Tax-free dividend from Franklin Templeton
Syntel's investment plans
Micro Tech launches Secure-Bank Black Box
Scandent launches innovation centre
Partha De Sarkar elevated to COO of HTMT
BEML achieves record turnover
Mangalore Chemicals declares dividend
Sierra Atlantic bags $1 million deal
Virinchi Technologies posts higher revenue
Suven Life's net up 100 p.c.
Satyam's new global marketing VP
Zarges forays into Indian markets

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu