sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Forex »
 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 marginally up; stocks open awaited
April, 17th 2009

Rupee rose marginally early on Friday as gains in other Asian shares raised expectations of more foreign fund inflows, but the dollar's strength against other majors stemmed a sharper rise.

At 9:10 a.m the partially convertible rupee was at 49.72/73 per dollar, little stronger than its Thursday's close of 49.77/78, when it rose to 49.34, its strongest in since Feb. 17.

Foreigners have bought $1.4 billion worth of shares since mid-March, a key factor that has helped the rupee rise nearly 5 per cent from its record low of 52.2 against the dollar hit on March 3.

Most Asian stock markets were up between 1-2 per cent. Nifty futures in Singapore were up 1.1 per cent pointing to a firmer start in the local market. One-month offshore non-deliverable forward rupee contracts were at 49.82/92.

The dollar index, a gauge of the U.S. unit's performance against majors, was up 0.3 per cent, preventing a sharper rise in the rupee.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Integrated Software Solutions Integrated Software Development Integrated Software Services Integrated Software Solutions India Integrated Softw

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions