Tuesday, May 1, 2007

Indian Rupee Remains Strong Against Dollar, Tuesday, May 01, 2007 9:37:40 AM

The Indian rupee edged up against the American dollar in trading on Tuesday. As action moved into the mid-morning, the rupee reached a mark of 41.000. In general, the Indian currency continues to add to its multi-year high against the buck. The Indian rupee traded as the country`s deficit widened to USD56.73 billion for the year ending March 2007.
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