Rupee continues to rule firm vs dollar in late morning

November 30, 2012 12:40

While Yeddyurappa continues with his emotional atyachar, other news...

This could well be the right time to take a holiday abroad. The rupee continued to rule firm against the American currency in late morning trade today on persistent selling of dollars by banks and exporters in view of sustained capital inflows from foreign funds into equity market.

Lower dollar in the overseas market also boosted the rupee value, a forex dealer said. The rupee resumed higher at 54.56 as against the last closing level of 54.84 at the Interbank Foreign Exchange (Forex) Market and hovered in a range of 54.35 and 54.66, before quoting 54.64 per dollar at 10:50 hours.

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