Business   

Rupee climbs further

MUMBAI: The rupee closed at a new nine-year peak of 40.49/50 against the U.S. currency on Tuesday on the back of firm equity markets amid absence of dollar demand. In quiet trade at the interbank foreign exchange market, the domestic unit opened higher at 40.48/50 a dollar from Monday's close of 40.5100/5150 a dollar. Later, it touched a high of 40.41 a dollar following firm equity markets, expecting more capital inflows and absence of dollar demand. — PTI

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

Stories in this Section

India-GCC FTA soon
Manipal Group's new initiative
Tata Steel inks MoU with Vietnam Corpn.
Sensex up 110 points
BMW to source auto components from India
IOC revenue touches $50 b
L&T net at Rs. 1,403 cr.
DLF to raise Rs. 9,625 crore through public offer
Rupee climbs further
Bullion rates
Exchange rates
Coconut oil import allowed
Vodafone to complete Bharti stake sale
Ranbaxy wins patent case in Norway
British Foods to buy Indian brand
Satyam partners Oracle Asia-Pacific
ING launches new insurance plan
Bajaj Electricals announces 1:1 bonus
Windshield, United India Insurance tie up
FINO announces closing of equity payment
IVRCL turnover crosses Rs. 2,500-crore mark

Copyright © 2007, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu