Business Daily from THE HINDU group of publications
Wednesday, Mar 14, 2007
ePaper
News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

 Money & Banking - Forex
Rupee tad firmer

Our Bureau

Mumbai, March 13

The rupee strengthened by around 5 paise on Tuesday due to stable stock market conditions. The currency opened at 44.23/24, saw an intra day high of 44.19.50/20 and finally closed at 44.20.50 / 21.50 against the previous close at 44.26 on Monday.

Dealers said that there was selling of dollars from foreign banks but the Reserve Bank of India absorbed it. In forwards, the six-month premia closed at 3.04 per cent (3.04) and the 12-month ended at 3.07 per cent (2.93).

More Stories on : Forex

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

Stories in this Section
UTI Bank plans to raise $754 m debt for buys

Western Union upbeat on growth prospects
Rupee tad firmer
Infosys mulls launching Finacle as service offering
Maruti, UTI Bank tie up for car loans
Non-life insurance in fast lane
New mediclaim scheme launched in Mangalore
BHN mishap: ONGC gets Rs 864 cr as final claim
Tamilnad Mercantile's new branch
Bond prices fall by 16 paise
Central bank independence: It's no easy call
Lending to SEZs: `eGoM to take call on RBI's stand'
Call rates rule unchanged
IndusInd offers 10% for 100 days
UTI Bank in co-financing pact with IIFCL
ISB comes up with business model for `Social Investment Bank'
Reddy to head BIS Asian Council

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 © 2007, 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