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Tuesday, November 17, 2009

Rupee higher by 8 paise against USD

The Indian rupee today inched higher by 8 paise to 46.22 against the US dollar in early trade on expectations of fresh capital inflows by foreign funds into Indian bourses.

However, dollar's gains against other major currencies were limited.

At the Interbank Foreign Exchange (Forex) market, the local unit edged higher by 8 paise to 46.22 a dollar. The rupee ended 9 paise down at 46.30/32 in the previous session.

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