Date:08/12/2006 URL: http://www.thehindubusinessline.com/2006/12/08/stories/2006120804260600.htm

Back Rupee tad higher

Our Bureau

Mumbai, Dec. 7

The rupee strengthened by almost four paise on good dollar supplies in the market on Thursday. The home currency opened at 44.75/77, touched an intra-day high of 44.61 and closed at 44.65, against the previous day close of 44.69. "Other global currencies were steady against the dollar," said a dealer at a private bank.

In forwards, the six-month closed at 2.1 per cent (2.05 per cent) and the 12-month ended at 2 per cent (1.98 per cent).