Rupee gains 18 paise against USD

Mumbai, Aug 21: After the last week forcefull decline against US Dollar, Rupee today gained a strength of about eighteen paise and opened at 41.13/14 per dollar as compared to the previous close of 41.31/32 per dollar.

During the early sessions the market was in a less active mode and the Rupee touched the low of 41.06/07 per dollar, a high of 40.97/98 during the morning trade, dealers said.

Further, the local currency is being expected to trade at a range bound levels against dollar, dealers added.

UNI