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03-02-2010, 04:28 PM #1NιѕнyGuest
Indian rupee seen up on firmer Asian units, stocks
[DOWN]MUMBAI: The Indian rupee should start higher on Tuesday, tracking gains in other Asian units and supported by expectations for a firmer opening
in the domestic sharemarket.
Most Asian units were stronger compared to the dollar. At 0250 GMT, the MSCI index of Asian stocks excluding Japan was trading 0.6 percent higher, while the Nifty India stock futures traded in Singapore was up 0.3 percent.
The dollar index against six majors was up 0.3 percent. On Friday, the partially convertible rupee ended at 46.085/095 per dollar, about 0.7 percent stronger than its previous close. The market was closed on Monday for a holiday. [/DOWN]