Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Forex »
Open DEMAT Account in 24 hrs
 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 recovers by 5 paise
December, 23rd 2009

The Indian rupee today recovered by five paise to close at 46.80/81 against the US dollar on selling of the American unit by exporters and banks amid a recovery in benchmark Sensex.

Weak dollar overseas againt its major rivals also helped the rupee rise.

Forex dealers said, the Indian currency rose in sync with stock market that snapped three session of losses. The Sensex recovered by 90.80 points or 0.55 per cent today from its six-week lows.

Dollar selling by exporters too helped the rupee recover its losses.

In the next few session, analysts believe the rupee might be in a trading range in view of fast approaching Christmas holidays.

At the Interbank Foreign Exchange (Forex) market, the domestic currency resumed stable at its overnight's level of 46.85/86 a dollar. It moved in a narrow range before concluding the day at 46.80/81.

The dollar hovered to its highest in more than three months against the Euro and more than a month against the Yen, supported by year-end unwinding of short positions in the greenback and a rise in Treasury yields.

Meanwhile, global curde oil prices were trading towards USD 73 a barrel in London today.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting