Rupee opens strong at 40.63 per dollar

Mumbai, May 22: Rupee today opened stronger at 40.63 per dollar as dollar demand stood high from all quarters. It had closed the trade at 40.66/67 yesterday.

In the early hours of trade the domestic unit posted an intra-day high of 40.57 close to the recent peak of 40.51 and may end up at 40.55/65 levels today, said a leading dealer to sources.

UNI