Rupee rebounds 32 paise to 55.10 vs dollar

RAMESH KUMAR VERMA ( CS PURSUING ) (43853 Points)

09 August 2012  

Rupee rebounds 32 paise to 55.10 Vs dollar

The rupee on Thursday appreciated by 32 paise to 55.10 against the US dollar in early trade on the Interbank Foreign Exchange, as the American unit weakened against euro overseas.

Forex dealers said dollar selling by exporters and a higher opening in the equity market also supported the rupee.

The rupee had lost 35 paise to close at 55.42 against the US dollar yesterday.

Meanwhile, the BSE benchmark index Sens*x recovered by 98.96 points, or 0.56 percent, to 17,699.52 in early trade today.

Source : zeenews.india.com