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Mumbai, Nov. 6

The rupee gained by 21 paise against the dollar on Friday tracking the gains of other Asian currencies against the greenback. The domestic currency opened at 46.83 and strengthened to touch an intra-day high of 46.74. It ended the day at 46.81 against the previous close of 47.02/03. The rupee opened with a positive gap tracking the positive Asian equity indices and the rally of the Asian currencies against the greenback, said a dealer with a public sector bank. However, su stained bids by oil companies checked the rupee’s gains. The market was choppy and the rupee traded in a range of 46.75 and 46.89, the dealer added. In the global markets, the greenback was marginally weak against other major currencies. In the forward premia market, the six-month premium ended at 2.7 per cent and the one-year premium ended at 2.71 per cent.

— Our Bureau

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