Wednesday, September 17, 2008

Rupee rises sharply against dollar

Good Morning friends, today is Wednesday, September 17, 2008. Day started with routine walk and as we have guest at home, we take breakfast together. Yesterday night I hear news of AIG got support from American Federal Reserve and AIG survive.

We also have good new today. Indian rupee rises sharply against dollar. Here is the news I just read from NDTV Profit website.

Rupee rose sharply on Wednesday after posting its biggest single-day fall on Tuesday, supported by the RBI's move to make rates on deposits by non-residents more attractive.

Rupee was trading at 46.35/37 per dollar, 1.2 percent stronger than 46.89/90 at close on Tuesday when it had fallen to 46.99 during trade, its weakest since July 24, 2006.

2 comments:

letty said...

All are shattered when dollar increase.

Anonymous said...

Thank you to you Dhirendra, for a never ending supply of good articles and the beauty of it. It’s a treasure !