Re strengthens further to close at 43.62/$

The rupee closed higher today, as easing importer demand for the dollar combined with strong capital inflows.

The rupee was supported by a fall in the dollar ahead of US jobs data. Rupee trading finished before the data was released but it showed non-farm payrolls rose less than expected and the dollar weakened briefly on the news.

The rupee finished at 43.6150/6200 per dollar, stronger than the previous close of 43.69/70.