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Rupee up marginally against US dollar

Rupee had ended 44 paise lower at 45.08/09 against the US dollar in the previous session, following weakness in domestic equity market amid fresh dollar demand.

twitter-logo PTI   Mumbai     Last Updated: December 9, 2010  | 10:42 IST

The India Rupee moved up marginally by 1 paise to Rs 45.07 against dollar in the early trade on Thursday at the Interbank Foreign Exchange, supported by dollar's weakness against other major currencies.

Forex traders said that besides dollar's weakness against other currencies, positive opening at the bourses also supported the rupee.

Rupee had ended 44 paise lower at 45.08/09 against the US dollar in the previous session, following weakness in domestic equity market amid fresh dollar demand from importers and banks.

Meanwhile, the Bombay Stocks Exchange 30-share index Sensex was up 74.61 points, or 0.38 per cent, at 19,771.09 level in the opening trade.

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