The Indian rupee appreciated by 15 paise against the dollar in early trade on Tuesday on
expectations of capital inflows after firm domestic stock markets.
At the Interbank Foreign Exchange (Forex) market, the domestic currency was quoted at 48.39 a
dollar, a gain of 15 paise over the previous close of 48.54/55.
The rupee lost 65 paise against the greenback on Monday.
Dealers said hopes of fresh capital inflows by foreign funds and dollar selling by banks helped rise
against the US currency.
Source: http://in.biz.yahoo.com/090707/50/batuip.html
expectations of capital inflows after firm domestic stock markets.
At the Interbank Foreign Exchange (Forex) market, the domestic currency was quoted at 48.39 a
dollar, a gain of 15 paise over the previous close of 48.54/55.
The rupee lost 65 paise against the greenback on Monday.
Dealers said hopes of fresh capital inflows by foreign funds and dollar selling by banks helped rise
against the US currency.
Source: http://in.biz.yahoo.com/090707/50/batuip.html
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