SEARCH

Rupee recovers

print   ·   T  T  

MUMBAI: The rupee on Tuesday recovered smartly and closed with a gain of seven paise at 45.99/46.00 a dollar on dollar sales and steady foreign institutional investment inflows.

In dull and range-bound trading at the interbank foreign exchange market here, the rupee opened higher at 46.00/02 and later moved in a small range, as trading was affected by poor attendance in the dealing room.

The Reserve Bank of India fixed the reference rate for the U.S. dollar at Rs. 46.01. PTI


O
P
E
N

close

Recent Article in BUSINESS

Bhaskar Pramanik

Microsoft pitches for ‘White-Fi’ to provide last mile connectivity

Microsoft is looking at starting a pilot project of its ‘White-Fi’ technology that uses the unused spectrum in frequencies used for broad... »