Rupee gains 12 paise against dollar in early trade

The rupee on Thursday strengthened by 12 paise to trade at 46.51 a dollar at the Interbank Foreign Exchange on continued capital inflows by foreign funds. Dealers said continued capital inflow by foreign funds and weakness in dollar at overseas markets mainly provided support to the rupee.

The rupee had ended 21 paise higher at 46.63/64 against the US currency yesterday after the dollar hit a 15-year low against the Japanese yen. The Bombay Stock Exchange index Sensex opened 100.39 points, or 0.54 per cent, higher to 18,767.10 points.

Related Articles

Related Images

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

Business

Syria has been simmering since 2011, when the Arab Spring wafted over it from the heartland of the Arab world — Egypt. Meanwhile, the Western nations were preoccupied with Libya, having obtained UN Security Council Resolution 1973 enabling use of force to protect civilians.

Finance minister Pranab Mukherjee is obviously a worried man as he gets ready to present the Union Budget on March 16. He has admitted to losing sleep over the mounting burden of subsidies. That is not his only worry.