Indian rupee opened at 40.38/40 per USD

Mumbai, July 9: Indian Rupee keeps moving stronger, opened today at 40.38/40 per US dollar, as compared to the previous close on Friday at 40.44/45 against US unit.

The rupee has gained about 9.5 per cent against the dollar this year, propelled by surging capital inflows into Asia's third-largest economy, dealers said.

According to the dealers, the Indian unit was also boosted as Asian stocks rose after strong U.S. jobs data augured well for the global equity rally.

UNI