Business   

Rupee improves further

MUMBAI: Stretching its gains for the sixth straight session, the rupee on Thursday improved further to close at new nine-year high of 40.43/44 against the dollar. In fairly active trading at the interbank foreign exchange market, the Indian currency opened firm at 40.39/40 against Wednesday’s close of 40.45/46. Later, dollar buying by oil companies and possibility of intervention by the apex bank weighed on the rupee and it dipped to a low of 40.51. — PTI

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

Stories in this Section

Vietnam PM supports India’s ‘Look East’ policy
Mansingh to head oil board
High subsidy payouts a cause for concern: ONGC chief
‘Educational system needs overhaul’
Indian Bank chief rules out sale of NPAs to ARC
Unitech to pump in Rs. 6,000 cr. in seven years
Sensex hits new peak
DLF lists on bourses
Rupee improves further
Aptech signs MoU with FPT of Vietnam
‘Commodity Vision’ journal launched
Oracle, Wipro offer managed identity services
Congress on EPM tools
Orient Global buys 9.4 p.c. in NIIT
Bhoruka Power acquires SLS
GoAir to expand fleet strength
Bajaj raises bike prices
Mellon to buy out ABN AMRO’s stake in joint venture
EU not to withdraw WTO case on wines
Gujarat NRE’s subsidiary to list on Australian exchange
GST panel to examine duties on alcohol
Hyundai hikes Verna diesel variant prices
IFCI to consider invitation of bids

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