India Forex - Rupee firm by 3 paise to 46.72 against USD on Monday 8 February 2010
Written by admin on February 8th, 2010 in India Forex.
India Monday 8 February 2010 : The rupee today opened firm by three paise to Rupees 46.72 against the US Dollar, as against its previous close of Rupees 46.75, on foreign fund outflows from the weak equity markets amid strengthening of the US currency against other units, traders at the Interbank Foreign Exchange (FOREX) said here.
It had slid by 50 paise on Friday.
Later, it was trading in a narrow range between 46.69 and 46.76 in intra day.
Dealers said with Asian currencies getting weaker against the greenback and subdued trend on the stock markets put pressure on the domestic currency.