Re ends stronger at 44.11/$

MARKETS REPORT

Forex Market

Outlook:
The rupee is expected to open in the range of 44.09/.14 on Friday.

Sentiment:Dull

The spot rupee opened at 44.12/13 but closed a tad higher at 44.10/11 to a dollar. All the deals were struck for value tomorrow.

The annualised premiums on six-month and one-year forward dollars closed at 3.54 per cent and 3.06 per cent respectively.