International Business

Re appreciates by 28 paise, at 46.46/$

The Indian rupee appreciated by 28 paise to 46.46 a dollar in early trade today as the US currency weakened against other Asian currencies. - Oil mixed in Asian trade ahead of US housing data - Re down 15 paise, at 46.63/$ in early trade - Rupee at 46.44/$, down 33 paise - Re appreciates 28 paise at 46.01/$ - Oil surges higher on weak dollar, equity gains - NIIT Tech Q2 net declines 12% on forex losses At the Interbank Foreign Exchange (forex) market, the domestic unit strengthened by 28 paise to 46.46 a dollar. The rupee ended 26 paise lower at 46.74/75 a dollar in the previous session. Dealers said the US currency weakening against other major currencies bolstered the rupee sentiment. Expectations of fresh capital inflows as stock markets may open on a strong footing, in line with firming trends in Asian market, also gave a boost to uptrend, they added.

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