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Rupee opens stronger on weak dollar

2009-07-02 10:24:03
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Indian rupee opened in green Thursday after the greenback weakened against major currencies.

The partially convertible rupee was seen trading at 47.75 per dollar at 9.30 a.m, stronger than Wednesday's close of 47.88/90 per dollar.

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The dollar, which had eased to three-week lows on Wednesday, edged up on Thursday as the market awaited monthly jobs figures as a guide to recovery in the U.S. economy but also kept a watchful eye on debate about reserve currencies.


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