Wednesday, January 19, 2011

Rupee gains 7 paise against dollar

MUMBAI: The rupee strengthened by 7 paise to Rs 45.35 a dollar in early trade today on weakness in the US currency against major world currencies.

Dealers said a higher opening in the stock markets also aided the rupee sentiment.

The rupee ended 10 paise higher at Rs 45.42/43 a dollar in the previous session following smart rally in equities and a sluggish dollar overseas.

Meanwhile, the Bombay Stock Exchange benchmark Sensex rose by 75.39 points, or 0.39%, to 19,167.06 points in the opening trade on Wednesday.

Read more: Rupee gains 7 paise against dollar - The Times of India http://timesofindia.indiatimes.com/business/india-business/Rupee-gains-7-paise-against-dollar/articleshow/7317175.cms#ixzz1BTTfyVRt

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