Rupee rises to Rs 49.49 per dollar

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The Indian rupee rose against US dollar on Monday due to selling of dollars by banks and exporters on the back of persistent capital inflows from foreign funds. Rupee future for February 2012 contract rises as much as 0.15 paise to Rs. 49.4950 per dollar on the National Stock Exchange (NSE) at 12.13pm.

At the Chicago Mercantile Exchange (CME), EURUSD future for March 2012 contract traded at US$1.3245 per euro (USD depreciated by 0.35 per cent against EUR) and GBPUSD future for March 2012 contract traded at US$1.5783 per pound (USD depreciated by 0.17 per cent against GBP) at 12.15 PM today.

S&P CNX NIFTY, at NSE, was trading at 5,368.80, down by 0.24 per cent, after opening at 5,382.10 against the previous closing of 5,381.60. It touched the intra-day low of 5,359.45 till the trading. (At 12.10 PM today).

At NSE, USDINR for February 2012 contract traded at Rs. 49.4950 per dollar, rupee appreciated by 0.15 paise, after opening at Rs. 49.7000 against the previous closing price of Rs. 49.6500. It rose to Rs. 49.7150 per dollar with a business volume of 810819 lots till the trading. (At 12.13 AM today).

Read more about: currency, dollar
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