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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 opens at Rs 46.84 per dollar
November, 06th 2009

The Indian rupee opened at Rs 46.84 per dollar versus Rs 47.02 yesterday.

Manis Thanawala of Greenback Forex Services said that the rupee is likely to be stronger today on positive Asian equity markets which could push domestic markets higher. The euro strengthened against the dollar after ECB indicated they will gradually taper off the stimulus package, which will lead to interest rate hikes. The range for the day is seen between 46.70-47.20/$.

Yesterday the spot rupee closed higher at Rs 47.01 per USD as against its previous close of Rs 47.04 per USD.

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