Thursday, February 7, 2013
Rupee Update : Rupee stays ruling Firm
The Indian rupee pressed on to govern firm in the late morning session by enhancing five paise to 53.11 for every dollar on advertising of dollars by banks in perspective of steady remote capital inflows.
The rupee continued higher at 53.12 for every dollar as opposite Wednesday's shutting level of 53.16 for every dollar at the Interbank Foreign Exchange Market and solidified further to 53.07 for every dollar before citing at 53.11 for every dollar at 1040 hrs.
It moved in a reach of 53.07 for every dollar and 53.17 for every dollar throughout the morning bargains.
Banks and exporters liked to lessen their dollar position on the back of steady remote capital inflows into value market.
Nonnative institutional gurus acquired stakes worth net Rs 1137.95 crore yesterday according to temporary information from the stock trades.
In the interim, the Indian benchmark Sensex solidified by 48 focuses, or 0.24 for every penny, to 19,687.52 in the late morning exchange.
Unrefined petroleum was up in Asian barter today as moguls anticipated the outcomes of an European Central Bank (ECB) gathering and the discharge of exchange information from China.
New York's principle contract, light sweet unrefined for conveyance in March added on 15 pennies to $96.77 a barrel.
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