The Hindu Business Line : Rupee up 15 paise

The rupee closed higher by about 15 paise against the dollar on Wednesday as global oil prices eased and political instability seemed to have been addressed for now, said forex dealers. The gains in the Sensex also helped the rupee. The spot market was dull with only corporates buying dollars at the lower level, said a forex dealer with a private bank. There was selling interest seen, which helped the rupee appreciate, he added. The rupee opened at 43.115 and touched a hig h of 43.09 during the day. It closed at 43.11/12, against the previous close of 43.26/27. In the global market, the dollar was steady against other currencies like the euro and pound. In the forward premia market, the six month closed at 4.6 per cent (4.25 per cent) and the 12-month at 3.67 per cent (3.79 per cent).

— Our Bureau

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