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Rupee resumes higher against US dollar
The rupee opened higher by 29 paise at Rs 42.49/53 as against Thursday's closing level of Rs 42.78/79.
Updated on: May 30, 2008, 13:40:17 IST
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The rupee resumed sharply higher against the US currency at Rs 42.49/53 in the interbank foreign exchange market on Friday on lack of demand for the greenback.
The rupee opened higher by 29 paise at Rs 42.49/53 as against Thursday's closing level of Rs 42.78/79.
However, the rupee is currently quoted at Rs 42.58/60 due to mild demand for US dollar from oil companies in view of high crude oil prices in the global market.
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