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

Auto majors commit Rs.11,500 cr investment in Maharashtra

Major automobile manufacturers have committed to invest up to Rs.11,500 crore in Maharashtra to expand their existing facilities.W... »