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Monday, January 11, 2010

Rupee at 15 month high

The rupee today appreciated by 37 paise to rise to a 15-month high in early trade, tracking other firming Asian currencies.


At the Forex market, the rupee appreciated by 37 paise to 45.38 a dollar, the highest since September 2008. The currency had ended 8 paise lower at 45.75/76 in the previous session.


Dealers said the dollar's losses against other Asian currencies and increased capital inflows by funds into domestic equity markets supported the rupee sentiment.

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