Rupee strengthens after opening at 44.53/54/USD

Friday, March 10, 2006, 12:34 [IST]

Mumbai, Mar 10 (UNI) Rupee today opened weaker at 44.53/54, as against the last close of 44.47/48, a dealer at the forex market here said.

The rupee strengthened to 44.5150/5250 at 1100 hrs on the back of recovery in the stock market indices this morning, the dealer added.

The Bombay Stock Exchange Sensitive Index was trading with a gain of 140 points at 10,713 points, around 1100 hrs.

The crude oil prices stayed just above USD 60 per barrel in the New York Mercantile Exchange (NYMEX) which might support rupee at lower levels.

UNI RRP MJ VKG1142

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