Rupee opens six paise stronger at 44.87/89 per USD

Mumbai, May 10: The rupee opened stronger by six paise at 44.87/89 per US dollar as compared to the last close of 44.93/94, said a dealer in the forex market.

However, the rupee weakened in the mid-morning session trading at 44.91/92 per dollar.

The stock markets' benchmark index BSE Sensex crossed 12,600 mark this morning with a gain of 100 plus points and traded at 12,615 at 1140 hrs which was a good news for the rupee.

Also the crude oil prices at USD 70.62 per barrel was again on the higher side as compared to yesterday's rate and certainly rupee negative.

UNI