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Money & Banking
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Forex
Rupee ends unchanged
Mumbai, Oct. 9
The rupee ended at 39.44 against the dollar on
Tuesday, almost unchanged from the previous day's
close of 39.45/46. It opened at 39.50/51 and touched a
low of 39.55, after which it
recovered, tracking the
gains made by the domestic
equity market, said forex
dealers. The central bank
was there in the market for
some time, when the rupee
was around 39.47-39.48
levels, said the chief forex
dealer with a private bank.
The forward premia
market also saw minimal
movement as the 6-month
closed at 1.08 per cent (1.03
per cent) and the 12- month
at 1.01 per cent (0.98 per cent). - Our Bureau
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