Rupee rises to near 6-month high against dollar

October 05, 2012 10:34

The rupee on Friday gained 33 paise to nearly six-month high of 51.41 against the dollar in early trade on strong capital inflows and a firming trend in the equity market after the government unleashed second wave of reforms on Thursday

Forex dealers said persistent dollar selling by exporters and banks and weak American currency against the euro also kept rupee strong.

The BSE benchmark Sensex rose for the fifth day in a row to fresh 15-month high of 19,086.11 in early trade on Friday after the government on Thursday decided to open the pension sector to foreign investment and raising FDI cap in insurance to 49 per cent from 26 per cent.

The rupee had gained 42 paise on Thursday to close at over 5-1/2-month high of 51.74 against the dollar.

« Back to LIVE

TOP STORIES

The 9-Year-Old Girl Who Impressed Sachin, Mithali

Nine-year-old Hurmat Irshad from Sopore has stunned the internet with her extraordinary batting skills.

Lalu Is Back In Business!

'Lalu is Lalu. His presence in the election campaign will make a difference for the Mahagathbandhan.'

GT Vs DC: Who Bowled The Best Spell? Vote!

The Delhi Capitals bowlers have come under the scanner for their poor death over bowling, but on Wednesday, they silenced critics with a sizzling display to bowl Gujarat Titans out for a paltry 89.

I wanted to come in a better way: Pant

'Lots of things to be pleased about. We spoke about champion mindset and our team spoke about it'

IPL PIX: Delhi Capitals bowlers humble GT

Images from the IPL 2024 match between Gujarat Titans and Delhi Capitals at the Eden Gardens in Ahmedabad on Wednesday.