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Rupee strengthened on strong Asians

The rupee moves up on Tuesday after dipping to a week-low in the previous session in tandem with positive domestic equities, a stabilizing euro and strong Asian currencies.

At 9:24 a.m., the partially convertible rupee was at 44.79/80 per dollar versus last close of 44.86/87. Till now in the day, it has moved in 44.7850-44.8400 range and is expected to hold in 44.75-44.90 range during trading hours.

The euro was at USD 1.4431, versus USD 1.4379 at close of local forex trade on Monday, and the index of the dollar against six major currencies was at 74.406 points from 74.631.



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