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Rupee consolidates gains

MUMBAI JUNE 27. The rupee consolidated gains against the U.S. currency today on the back of healthy exporter dollar sales and reflecting the dollar's weakness in the overseas markets, but ended off intraday high following dollar demand from public sector banks.

In generally lacklustre trading at the interbank foreign exchange market, the rupee closed at 48.8450/8550 a dollar, higher from the previous finish of 48.86/87 after testing intraday high of 48.83/84. It, however, opened weak at 48.8750/8850.

— PTI

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