Rupee opens flat at 39.50/52 against USD

Thursday, February 7, 2008, 12:22 [IST]

Mumbai, Feb 7: The Rupee opens almost flat against at 39.50/52 from its previous close of 39.5150/5250 per dollar following the flat trading in the Indian equity market.

Resuming the day on flat note, the Indian unit was trading in a range-bound gap between 39.46 and 39.52 per dollar as there was balanced demand and supply in the inter-bank foreign exchange (Forex) market, dealers said. Further the rupee is expected to follow the trends in the local market moving on the note of global cues, dealers added.

UNI

Topics: forex, mumbai, rupee, usd

Other articles published on February 7, 2008

Rupee closes at 40.66/67 against dollar

Monday, May 21, 2007,18:36 [IST]

Mumbai, May 21: The Rupee today touched a fresh nine year high of 40.51 against the dollar before closing the trade at 40.66/67. In the early day trade, Rupee scaled fresh heights drawing strengths from strong capital inflows and on the investor belief that the central bank won't check Rupee's gains as China widened the yuan's trading band against the dollar, said dealers. The currency opened stronger at 40.73/74 today from.....

Mumbai: Rupee tumbles by nearly 22 paise

Friday, July 27, 2007,15:08 [IST]

Mumbai, July 27: A drastic fall in sensex margins brought massive losses to Rupee today. The local unit opened at 40.48/50, nearly 14 paise down from the previous close of 40.34/35 per US dollar. It later collapsed by more than 22 paise to touch 40.56/57 levels against dollar with Reserve bank was seen nowhere in the scene during the first half of the day, said dealers. Sensex, which fell by more.....

Limitless Updates

Business News

News Archives

Rupee ends flat at 40.34/35 per dollar

Thursday, July 26, 2007,19:09 [IST]

Mumbai, July 26: The Rupee today stood range bound for the day and finally closed flat at 40.34/35 per dollar. Surplus cash in the system prompted Reserve bank to buy out dollars keeping the unit rangebound, to contain further appreciation of the currency, said dealers. Rupee started the day weaker at 40.35/36 and touched a high of 40.27 per dollar during the day before ending at 40.34/35 per dollar. Traders said.....