SEARCH

Rupee improves to 40.86

print   ·   T  T  

MUMBAI: The rupee improved further on Friday to close at 40.85/86 against the U.S. currency on late dollar selling amid sustained capital outflows.

In volatile trade at the interbank foreign exchange market, the Indian unit opened steady at 40.90/92 from Thursday's close of 40.92/93.

It touched the 41-level to a quote at low of 41.02 on the back of fairly good import coverings and long dollar positions in forward market.


O
P
E
N

close

Recent Article in BUSINESS

The unit, which once rolled out premium tyres, industrial conveyor belts, and other industrial rubber products, employs 800 people.— FILE PHOTO

Dunlop set to reopen

The Sahaganj unit of Dunlop India , closed since October 8, 2011, may reopen soon.It is learnt that a tripartite pact has been sig... »