Rupee up 55.18 to a dollar

June 07, 2012 10:40

And more good news: The rupee today appreciated by 18 paise to 55.18 against the US dollar in early trade on the Interbank Foreign Exchange market, following a rising trend in the equity market and selling of the American currency by exporters and banks. Dealers said a firming trend in the equity market and
dollar selling by exporters and banks mainly supported the local unit.

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