Forex

Rupee gains 35 paise against dollar

| Updated on August 29, 2011

The rupee shot up by 35 paise to Rs 45.80 per US dollar in early trade today on fresh selling of dollars by banks and exporters amid hopes of a resumption of capital inflows.

In tandem with a rally in the equity market, the rupee resumed higher at Rs 45.95/96 per dollar on the Interbank Foreign Exchange vis-a-vis last weekend’s close of Rs 46.15/16 per dollar and shot up further to Rs 45.80 per dollar before quoting at Rs 45.81/82 per dollar at 10.30 a.m.

Published on August 29, 2011

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