Updated at: 1821 PST, Wednesday, November 19, 2008 KARACHI: The rupee value edged up by paisas 8 against the dollar, as the greenback closed at Rs79.42 at the interbank on Wednesday.Upon the approval of loans by world financial institutions, the rupee value was seen gaining value.Forex market dealers said the sale of dollars recorded increase as investors opted for off loading their US currency holdings.The boost in dollar supply in the market resulted in strengthening of rupee as the dollar was bought at Rs78 and sold at Rs79.Thursday, November 20, 2008
Rupee up against dollar
Updated at: 1821 PST, Wednesday, November 19, 2008 KARACHI: The rupee value edged up by paisas 8 against the dollar, as the greenback closed at Rs79.42 at the interbank on Wednesday.Upon the approval of loans by world financial institutions, the rupee value was seen gaining value.Forex market dealers said the sale of dollars recorded increase as investors opted for off loading their US currency holdings.The boost in dollar supply in the market resulted in strengthening of rupee as the dollar was bought at Rs78 and sold at Rs79.
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