Press Esc to close
Monday 31 August 2015
News updated at 12:14 PM IST
Weather
Max: 29.4°C
Min : 21.1°C
In Bengaluru
Sunny day

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
Participants run during the Hyderabad Marathon 2015 which witnessed a massive turnout...

Participants run during the Hyderabad Marathon 2015 which witnessed a massive turnout...

People take part in rafting at Bogamati, a picnic spot, in Baska district of Assam...

People take part in rafting at Bogamati, a picnic spot, in Baska district of Assam...

A woman crosses a flooded area over a raft made of banana tree trunks at Dhakuakhana in...

A woman crosses a flooded area over a raft made of banana tree trunks at Dhakuakhana in...

Bollywood actor Kriti Sanon walks the ramp displaying an outfit by designer...

Bollywood actor Kriti Sanon walks the ramp displaying an outfit by designer...

Ganesh idols are taken to the pandals ahead of Ganesh Chaturthi festival ...

Ganesh idols are taken to the pandals ahead of Ganesh Chaturthi festival ...

Artist from Purilia performing Chhau Dance during Photo Fair in...

Artist from Purilia performing Chhau Dance during Photo Fair in...

An elderly man wades through a submerged bridge in flood water at Bengalipara...

An elderly man wades through a submerged bridge in flood water at Bengalipara...

Bollywood actor Arjun Rampal showcases a creation by designer Bugatti during Lakme Fashion...

Bollywood actor Arjun Rampal showcases a creation by designer Bugatti during Lakme Fashion...

President Pranab Mukherjee honours gymnast Dipa Karmakar with Arjuna Award 2015...

President Pranab Mukherjee honours gymnast Dipa Karmakar with Arjuna Award 2015...

Malayali women light lamps at Lord Ayyappa Temple on the occasion of Onam festival...

Malayali women light lamps at Lord Ayyappa Temple on the occasion of Onam festival...

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