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Rupee opens firm at 40.04 per USD

Mumbai, Feb 21: The rupee today resumed firm at 40.04/05 per USD against 40.20/22 on the previous day's close on lack of fresh dollar demand from local bankers, dealers said.

Rupee rose sharply on Thursday, tracking gains in local shares that were given a fillip from buoyant Asian equities, but record oil prices and a shortage of dollars in the system were expected to limit gains. Later, rupee fluctuated at a range from 40.04/05 to 40.20 per dollar, rising smartly from a close of 40.22/22 on Wednesday, dealers added.

UNI

Rupee ends flat at 40.34/35 per dollar

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.....
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