Rupee surges 48 paise against US dollar in morning trade - Jagran Post

Rupee surges 48 paise against US dollar Mumbai: The rupee on Tuesday gained a hefty 48 paise to 60.13 against the dollar in morning trade at the Interbank Foreign Exchange market on increased selling of the US currency by banks amid hopes that the Reserve Bank will take more steps to stem the fall.      Forex dealers said besides heavy selling of the American currency by banks and exporters, a higher opening in the domestic stock market, supported the rupee.      The rupee had lost 39 paise to close at 60.61 after touching an all-time low of 61.21 against the US currency on Monday.      Meanwhile, the BSE benchmark index Sensex recovered by 121.53 points, or 0.63 percent, to 19,446.30 in morning trade on Tuesday. (Agencies) Latest News  from Business News Desk via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGNmbpxIJ86T0_o-S58Jx5Gpj1zAg&url=http://post.jagran.com/rupee-surges-48-paise-against-1373345639

Put the internet to work for you. via Personal Recipe 2910127