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Mumbai, Sept. 6

The rupee strengthened by 13 paise against the greenback on Thursday following good dollar supplies into the domestic market. The home currency opened at 40.92, little unchanged from Wednesday's close of 40.93/94 and remained steady at that level throughout the day before ending the day at 40.80, up from the previous close of 40.93/94. "There was expectation that the Indian markets would take a cue from the Dow which closed weaker overnight yesterday. However, the rupee strengthened following good inflows into the Indian market," said a dealer with a private bank. In forwards, the six-month premia closed at 1.10 per cent (1.13 per cent) and the 12-month closed at 1.32 per cent (1.31 per cent). - Our Bureau

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