Press Esc to close
Thursday 18 December 2014
News updated at 10:45 PM IST
Weather
Max: 26.2°C
Min : 19.5°C
In Bengaluru
Generally cloudy

Rupee gains 19 paise to 51.97 against dollar

Mumbai, Oct 4,2012 (PTI)

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
Children during a Christmas celebration at National Centre for Performing Arts ...

Children during a Christmas celebration at National Centre for Performing Arts ...

Hero Action Team during a cycling expedition at Kufri...

Hero Action Team during a cycling expedition at Kufri...

People warm themselves next to a fire on a winter morning...

People warm themselves next to a fire on a winter morning...

Indian Space Research Organisationís GSLV-Mark III rocket...

Indian Space Research Organisationís GSLV-Mark III rocket...

Micromax co-founder and YU founder Rahul Sharma at the launch of Cyanogen...

Micromax co-founder and YU founder Rahul Sharma at the launch of Cyanogen...

School students hold placards during a rally to protest against the Pakistan terror...

School students hold placards during a rally to protest against the Pakistan terror...

Boxer Vijender Singh and actress Esha Deol during a promotional...

Boxer Vijender Singh and actress Esha Deol during a promotional...

Cakes exhibit at Hotel Oberoi for coming Christmas...

Cakes exhibit at Hotel Oberoi for coming Christmas...

School children in Ahmedabad praay as they pay tributes...

School children in Ahmedabad praay as they pay tributes...

School children of Gurgaon pay tributes to the children killed in Pakistan...

School children of Gurgaon pay tributes to the children killed in Pakistan...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523