Press Esc to close
Friday 22 September 2017
News updated at 1:06 AM IST

Rupee gains 19 paise to 51.97 against dollar

Mumbai, Oct 4,2012 (PTI) 11:49 IST
The rupee continued to rule firm at 51.97 against the American currency in the later morning trade on persistent dollar selling by banks and exporters in view of sustained capital inflows from foreign funds into the equity market despite firm dollar overseas.

The rupee had resumed higher at 52 per dollar at the Interbank Foreign Exchange (Forex) market and moved in a range of 51.86-52.10, before quoting at 51.97 at 1045 hrs.

Banks and exporters preferred to reduce their dollar position in view of persistent capital inflows from foreign funds into equity market. The BSE benchmark Sensex rose by 175 points, or 0.92 per cent, to 19,043.78 at 1100 hrs on hopes of further economic reforms from the government.

Meanwhile, in New York market, the dollar gained against the euro and rose further versus the Japanese yen yesterday after a pair of US economic reports came in better than expected.

Go to Top

Photo Gallery
Vehicles wade through a flooded road after heavy rains in Thane district of Maharashtra on...

Vehicles wade through a flooded road after heavy rains in Thane district of Maharashtra on...

Real Madrid's Cristiano Ronaldo closes his eyes during Spanish the La Liga soccer match between...

Real Madrid's Cristiano Ronaldo closes his eyes during Spanish the La Liga soccer match between...

A woman covers herself with a plastic bag as she makes her way to work as Hurricane Maria...

A woman covers herself with a plastic bag as she makes her way to work as Hurricane Maria...

An artisan applies finishing touches on an idol of the Hindu goddess Durga, before it is...

An artisan applies finishing touches on an idol of the Hindu goddess Durga, before it is...

Bollywood actress Nidhhi Agerwal showcases a creation by designer Rajat K Tangri during the...

Bollywood actress Nidhhi Agerwal showcases a creation by designer Rajat K Tangri during the...

People pushing a car at a waterlogged road after heavy rains in Varanasi on Thursday...

People pushing a car at a waterlogged road after heavy rains in Varanasi on Thursday...

Policemen guard outside former chief minister S M Krishna's son in-law Siddartha's corporate ...

Policemen guard outside former chief minister S M Krishna's son in-law Siddartha's corporate ...

Indian players celebrate the dismissal of Australia's David Warner...

Indian players celebrate the dismissal of Australia's David Warner...

Actor Kamal Haasan with Aam Aadmi Party (AAP) chief and Delhi Chief Minister Arvind Kejriwal...

Actor Kamal Haasan with Aam Aadmi Party (AAP) chief and Delhi Chief Minister Arvind Kejriwal...

A man is rescued from a collapsed building in the Condesa neighborhood of Mexico City after an...

A man is rescued from a collapsed building in the Condesa neighborhood of Mexico City after an...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.