Rupee rises marginally against US dollar

The Indian rupee rose against US dollar on Wednesday tracking gains in euro and other currencies against the US currency. Rupee future for January 2012 contract rises as much as 0.1 paise to Rs. 53.4200 per dollar on the National Stock Exchange (NSE) at 12.18pm.

At the Chicago Mercantile Exchange (CME), EURUSD future for March 2012 contract traded at US$1.3038 per euro (USD appreciated by 0.11 per cent against EUR) and GBPUSD future for March 2012 contract traded at US$1.5642 per pound (USD appreciated by 0.04 per cent against GBP) at 12.20 PM today.

S&P CNX NIFTY, at NSE, was trading at 4,746.90, down by 0.39 per cent, after opening at 4,774.95 against the previous closing of 4,765.30. It touched the intra-day low of 4,740.80 till the trading. (At 12.17 PM today).

At NSE, USDINR for January 2012 contract traded at Rs. 53.4200 per dollar, rupee appreciated by 0.1 paise, after opening at Rs. 53.3775 against the previous closing price of Rs. 53.5200. It rose to Rs. 53.4850 per dollar with a business volume of 549810 lots till the trading. (At 12.18 PM today).

Read more about: currency, dollar
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