The rupee trimmed early gains against the dollar, but was still stronger by 36 paise at 54 rupee 95 paise. It was due to the selling of American currency by banks and exporters, coupled with continuing capital inflows.The dollar also lost some ground against other currencies in the overseas markets.The rupee , in its opening session had resumed higher at 54 rupee 89 paise a dollar as against the yesterday's closing level of 55.31 .
News On AIR | July 17, 2012 12:09 PM
Rupee holding strong at 54.95 against dollar