Rupee at over 1-week high; share gains help

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maheshgupta
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Joined: Fri Jan 04, 2013 1:18 am

Rupee at over 1-week high; share gains help

Post by maheshgupta » Fri Mar 08, 2013 12:28 am

The rupee rose further to hit a more than 1-week hike of 54.3850 and is currently trading at 54.47/48 versus its previous close of 54.56/57.
Gains in the domestic share market and euro are helping the Indian currency. Traders expect dollar inflows towards the stake-sale in RCF.
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