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English हिन्दी ಕನ್ನಡ മലയാളം தமிழ் తెలుగు
Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
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Rupee appreciates to 48.94 per dollar
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Rupee
INR
92.710United States Dollar
The partially convertible India rupee appreciated by 14 paise against the dollar on the interbank foreign exchange market due to persistent foreign fund inflows.

Rupee had advanced by 24 paise in morning trade today. At 12.30 pm IST, the rupee was seen trading at 48.94 up Rs 0.14.

The dollar has weakened against the rupee and other major currencies on Wednesday. Positive equity market also helped rupee to advance in trade.

Rupee sentiment was also boosted after the ONGC share sale as the government aims to raise money by selling 5% holding in the company through an auction.

Q3 GDP data released today was also disappointing at 6.1%, which may weigh on rupee in trade.

GoodReturns.in

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Story first published: Wednesday, February 29, 2012, 12:37 [IST]
See More On: currency, dollar, gdp
Other articles published on Feb 29, 2012

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