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*News - http://central.iwebslog.com* Rupee improves by 33 paise<http://www.timesnow.tv/news_details.aspx?NewsID=19817> Business News- Times Now<http://forums.investorline.co.in/aggregator/sources/106>- *1 hour 14 min* ago p align=justifyThe Indian rupee today (October 31) improved further by 33 paise to 49.34/35 against the greenback on the back of sharp rise in equity markets and expectations of fresh capital inflows after slashing of interest rates by US Federal Reserve.brbrIn active trade at the Interbank Foreign Exchange (Forex) market, the domestic unit resumed strong at 49.45/47 and moved up further to quote at 49.34/35 a dollar in late morning deals from previous close of 49.67/68.brbrIt moved in a range of 49.52 and 49.29 a dollar.brbrAccording to forex dealers, the rupee got support from sharp rise in Indian benchmark sensex, which was up by 756 points or 8.36 per cent at 1030 hrs.brbrThey also expects fresh inflows from foreign funds after cutting of key interest rates by 50 basis points by the US Federal Reserve.brbrIn New York yesterday, the Dow Jones Industrial Average and the Nasdaq Composite Index ended higher while Asian indices were quoting mixed this morning.brbrLack of any dollar buying by oil refiners and importers also helped the rupee surge.brbrGlobal crude oil was quoting lower at nearly USD 64 a barrel in Asian trade today. brbrPTI/p Categories: Business<http://forums.investorline.co.in/aggregator/categories/4>, Capital Market <http://forums.investorline.co.in/aggregator/categories/5>, Corporate News <http://forums.investorline.co.in/aggregator/categories/11>, Economy<http://forums.investorline.co.in/aggregator/categories/12>, India <http://forums.investorline.co.in/aggregator/categories/43>, Industry<http://forums.investorline.co.in/aggregator/categories/20>, Inflation <http://forums.investorline.co.in/aggregator/categories/21>, International Business <http://forums.investorline.co.in/aggregator/categories/23>, International News <http://forums.investorline.co.in/aggregator/categories/24>, USA<http://forums.investorline.co.in/aggregator/categories/46> Create your free blog and express yourself - *http://iwebslog.com* *News - http://central.iwebslog.com* --~--~---------~--~----~------------~-------~--~----~ Get latest market updates & search internet right from your browser-download our toolbar here- http://investorline.ourtoolbar.com/ Visit our site at – http://investorline.co.in/ Newsroom: http://newsroom.investorline.co.in/ Learning Center- http://learning.investorline.co.in/ Mutual funds - http://mutualfunds.investorline.co.in/ Life Insurance - http://insurance.investorline.co.in/ Investor Journal - http://research.investorline.co.in/ Newscatcher- http://catcher.investorline.co.in/ Interested in Financial Planning-Let us Contact you- http://spreadsheets.google.com/viewform?key=pb_z4f1_zGMg4iBBFT3-SWQ&email=true If you like the site then promote it here- https://www.freetellafriend.com/tell/?url=http://investorline.co.in/blogs/news Create your own free blog on- http://investorline.co.in/blogger Visit this group at http://groups.google.com/group/india-investor -~----------~----~----~----~------~----~------~--~---
