Rupee up 6 paise at 54.51 Vs dollar
Quotes

Rupee up 6 paise at 54.51 Vs dollar

Last Updated: Friday, January 11, 2013, 14:02
 
 Comment 0
 
Rupee up 6 paise at 54.51 Vs dollar
Mumbai: The rupee was trading up by 6 paise to 54.51 in late morning deals Friday on steady dollar selling by banks and exporters amid firm equities and weak US currency overseas.

Earlier, the rupee resumed sharply higher at 54.40 a dollar at the Interbank Foreign Exchange (Forex) Market.

Later, some American currency demand from importers led the rupee to 54.54 before quoting 54.51 a dollar at 1100 hrs.

The rupee had gained 18 paise to close at one-week high of 54.57 against the US dollar yesterday.

Firm local equities and subdued dollar overseas is supporting the rupee sentiment, dealers said.

In New York market, the dollar dropped against the basket currencies after European Central Bank President Mario Draghi lowered hopes that a euro-zone interest-rate cut will be coming soon.

Meanwhile, the BSE benchmark 30-share index, Sensex, was trading up by 88.21 points or 0.45 per cent quoting 19,756.88 at 1115 hrs.

PTI




First Published: Friday, January 11, 2013, 10:52


Comments


comments powered by Disqus
Reminiscing Lincoln Continental
Reminiscing Lincoln Continental
Jaguar high-wire water crossing
Jaguar high-wire water crossing
2015 DFW Auto Show
2015 DFW Auto Show
Samsung Galaxy S6, Galaxy S6 Edge
Samsung Galaxy S6, Galaxy S6 Edge
Hyundai i20 Active
Hyundai i20 Active

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved