Business   

Rupee scales another peak

MUMBAI DEC. 30. Sustained robust corporate and trade inflows drove the rupee sharply higher against the U.S. currency today, scaling yet another record peak for the current calendar year even as the dollar's slide against other units strengthened it further.

In fairly active two-way trade at the interbank foreign exchange (forex) market, the rupee closed at Rs. 47.9350/94 a dollar, a steep 5-1/2 paise gain from last Friday's close of Rs. 47.99/9950, which was the year's earlier high. It opened on a firm footing at Rs. 47.96/97 a dollar and touched intraday highs of Rs. 47.92/93.

PTI

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: Front Page | National | Southern States | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts: Classifieds | Employment | Obituary |

Stories in this Section

• Budget: CII suggests slew of initiatives
• Polaris to clean Artha Graha off its books
• CII survey forecasts rise in sales of many companies
• Sensex down 23 points
• Rupee scales another peak
• Network storage gaining importance
• Mascot's board nod for acquisition of eJiva, Aqua Regia
• Satellite ticketing for Jet Airways
• TCS signs banking project with CUB
• ALF securitises Rs. 702 cr. receivables
• Bullion rates
• Stock Market Index
• Exchange rates

Copyright © 2002, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu