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Rupee opens stronger at 44.61/63 per USD

Written by: Staff
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Mumbai, Mar 31 (UNI) Rupee today opened stronger at 44.61/63 per US dollar, as compared to the last close of 44.70/71 on the back of good gains in the equity markets.

The foreign fund inflow in the equity markets is expected to be robust on the back of 123 points rise yesterday for the Bombay Stock Exchange key index to 11,307 and today also the Sensitive Index traded 19 points up at 11,326 at 1115 hrs.

The rupee traded at 44.63/65 in the mid-morning session.

However, the crude oil price went above USD 67 per barrel in the New York Mercantile Exchange (NYMEX), which was highest price in the last eight weeks.

Rupee might be under pressure later during the day on this count.

UNI RRP KU NV1121

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