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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 up 12 paise at 46.60 a dollar
December, 15th 2009

The rupee today appreciated by 12 paise to 46.60 against the US currency in early trade, after remaining weak for two days, as the dollar weakened against other major currencies.

At the Interbank Foreign Exchange (Forex) market, the Indian rupee strengthened by 12 paise to 46.60 a dollar. The rupee had ended 19 paise lower at 46.72/73 in yesterday's trading.

Forex dealers said dollar's losses against other major units and dollar selling by exporters, mainly supported the rupee's sentiment.

The American currency remained this morning as markets awaited signals from the US Federal Reserve after its two-day policy meeting, they added.

Meanwhile, the Bombay Stock Exchange index Sensex had ended 21.48 points lower at 17,097.55 yesterday.

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