Rupee gains 20 paise at 61.41 against the dollar

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Rupee gains 20 paise at 61.41 against the dollar
The rupee opened the day strong at61.41, as against its previous close of 61.61 . The forex markets began trading after a period of 5 days after having been closed for Gandhi Jayanthi, Dussera and Eidh holidays.

Global cues were strong which prompted some buying in the currency. Stock markets were also expected to open steady after a gap of 5 days.

The dollar gained strength towards the weekend against a basket of currencies after strong US Jobs data. Dealers say that the currency may continue to trade in a range in the absence of any major cues. Check currency rates here

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