• Corporate
• Markets
• Info-Tech
• Marketing
• Money & Banking
• Agri-Biz & Commodities
• Industry & Economy
• Logistics
• Government
• Variety
• States
• Web Extras
• Index

• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books
• Gallery

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

• Rates

• Ports

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Subscription

• Business Line

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

MUMBAI: The rupee ended higher against the dollar on Friday as dollar demand from importers due to a stronger dollar overseas was offset by gains in the equity market. The rupee closed at 46.60/61 a dollar, up from its previous close of 46.685/695,

The domestic currency resumed weaker at 46.74/75 a dollar against its last close of 46.68/69 a dollar but later bounced to 46.53/54 a dollar in late morning deals. The rupee recovered its early losses and even advanced further as exporters sold dollars in early trade.

The local currency drew support from the absence of any month-end dollar demand from oil refiners.

Related Stories:
More Forex

Next: Vendata expects speedy approval for bauxite mining

Copyright copy; 2009, 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