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The rupee was off highs after hitting a four month high in early trades. But dollar flows from foreign investors ensured that the rupee trade stronger compared with previous close.


The rupee was off highs after hitting a four month high in early trades. But dollar flows from foreign investors ensured that the rupee trade stronger compared with previous close.<br />
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At 11:00AM the rupee was trading at Rs 61.12 compared with previous close of Rs 61.44 per dollar. During early trades today it had touched a high of Rs 60.90 per dollar.<br />
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According to currency dealers dollar buying from oil marketing companies is present in the market. But dealers also agree that dollar flows from banks and exporters is supporting the rupee.<br />

Rupee off highs; but still strong against previous close

According to currency dealers dollar buying from OMCs is present in the market

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