The Hindu : Rupee extends gains

Online edition of India's National Newspaper
Saturday, June 16, 2001

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Business \| Previous \| Next Rupee extends gains MUMBAI, JUNE 15. The rupee extended overnight gains against the U.S. currency and ended sharply higher today, supported by renewed exporter dollar sales and unwinding of long positions by banks in generally quiet and range-bound trading at the inter- bank foreign exchange market. The Indian unit closed at 46.9950/47.0050 a dollar, a good three paise appreciation from Thursday's finish of 47.0250/0350 after opening on a positive note at 47.0175/0250. The rupee gained marginally by half paisa yesterday and halted an earlier three-day string of losses, backed by dollar supplies by exporters and foreign funds. - PTI Send this article to Friends by E-Mail
Section : Business Previous : 35 FDI proposals cleared Next : IOC turnover crosses Rs. 100,000 cr.
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Copyrights © 2001 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu

Front Page \| National \| Southern States \| Other States \| International \| Opinion \| Business \| Sport \| Miscellaneous \| Features \| Classifieds \| Employment \| Index \| Home

Business \| Previous \| Next Rupee extends gains MUMBAI, JUNE 15. The rupee extended overnight gains against the U.S. currency and ended sharply higher today, supported by renewed exporter dollar sales and unwinding of long positions by banks in generally quiet and range-bound trading at the inter- bank foreign exchange market. The Indian unit closed at 46.9950/47.0050 a dollar, a good three paise appreciation from Thursday's finish of 47.0250/0350 after opening on a positive note at 47.0175/0250. The rupee gained marginally by half paisa yesterday and halted an earlier three-day string of losses, backed by dollar supplies by exporters and foreign funds. - PTI Send this article to Friends by E-Mail
Section : Business Previous : 35 FDI proposals cleared Next : IOC turnover crosses Rs. 100,000 cr.
Front Page \| National \| Southern States \| Other States \| International \| Opinion \| Business \| Sport \| Miscellaneous \| Features \| Classifieds \| Employment \| Index \| Home
Copyrights © 2001 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu