Business Daily from THE HINDU group of publications
Friday, Nov 10, 2006
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Money & Banking - Forex
Rupee gains on dollar inflows

Our Bureau

Mumbai, Nov. 9

Good dollar inflows helped the rupee gain around 14 paise to close at 44.55 on Thursday, a level last seen in April. The rupee opened at 44.72/74 and strengthened in day trade.

On Wednesday, the rupee had closed at 44.69/70. "Dollars are coming into the market as foreign investors are investing in new issues hitting the equity market," said a forex dealer.

The six-month forward premium closed at 1.99 per cent (1.81 per cent) and the one-year closed at 1.81 per cent (1.70 per cent).

More Stories on : Forex

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Bancassurance in for polarisation, warns Aviva


Rupee gains on dollar inflows
UBI signs MoU for home loans to Govt employees
Bajaj Allianz's new unit-linked plan
New non-life insurance joint venture formed
Crisil assigns `1/5' to IPOs of Celestial Labs, Bhagwati Banquets
Canara Bank may be rated `investment grade'
Central Bank's capital revamp plan gets nod
Union Bank opens another branch in Coimbatore
Canara Bank `vigilance week'
Bond prices down 13 paise
Goa EDC charts out revival plan
Public sector banks' credit flow to SMEs rises
Call rates range-bound
Karnataka Bank focus more on retail deposits
TMB hikes FCNR, NRE deposit rates
SBI staff union assails Chairman's remarks
`SBI staff not averse to transfers'
PSU insurance officers plan stir
ICFAI meet on banking
SBBJ targets Rs 50,000-cr business


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line