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« Forex »
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 Perils of an ad hoc forex policy
 Rupee depreciated by 17 paise to Rs 45.62 a dollar in early trade
 Rupee strengthened by 7 paise against dollar
 Rupee up by 4 paise against dollar in early trade
 Rupee falls by 18 paise at 4-week low against dollar
 Rupee drops on weak shares; inflation eyed
 Rupee raises 6 paise against dollar in early trade
 Rupee among most traded in futures market
 Indian rupee gain 12 paise against US dollar
 Rupee marginally rise up by 1 paise against US dollar
 Rupee drops tracking euro, choppy shares

Rupee gains 33 paise against dollar
October, 15th 2009

The Indian rupee strengthened by 33 paise against the dollar to breach the 46 level after nearly 13 months in opening trade today on steady inflow of foreign funds.

The domestic currency at the Interbank Foreign Exchange (Forex) market was quoted at 45.80 per dollar, a gain of 33 paise over previous close.

Dealers said steady inflow of foreign funds in the equity markets kept the dollar under pressure in the last few sessions.

The US currency weakened against major and other Asian units which also bolstered the rupee sentiment.

The rupee had closed 35 paise higher at 46.13/14 in the previous session.

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