Rupee further gains, closes at Rs 45.61/62/USD

Mumbai, Oct 12: Indian Rupee further gained three paise to close at Rs 45.61/62 per US Dollar compared to the previous close of Rs 45.64/65 per US Dollar, as crude price weakened globally and FIIs sold Dollar in the market, a money market trader said today.

Earlier Rupee opened low at Rs 45.59/61 per US Dollar and in the mid morning traded low at Rs 45.61/62 per US Dollar.

The six month forward premia was fixed low at 1.40 per cent and the one year premia was flat at 1.42 per cent.

The Reseve Bank Of India today fixed the Reference Rate at Rs 45.6o compared to the previous rate of Rs 45.76 per US Dollar.

The performance of Rupee against other currencies has however improved, against Euro Rupee closed up at Rs 57.15 (57.25), against Pound Sterling it closed up at Rs 84.60 (84.72), and against Yen it was up at Rs 38.14 (38.20).

UNI