Business Standard

Rupee still strong against dollar in afternoon trade

At 1:00 pm, rupee was trading at Rs 61.25 compared to previous close of Rs 61.36 a dollar

<a href = "http://www.shutterstock.com/pic-107807486/stock-photo-image-showing-folded-indian-notes-of-rs.html?src=p5N32CFr8-mqwY5wKad6IA-1-21" target="_blank"> Rupees image </a> via Shutterstock.com

Neelasri Barman Mumbai
The rupee continued to trade strong in afternoon trades on the back of capital flows and positive news. 
 
At 1:00 pm the rupee was trading at Rs 61.25 compared with previous close of Rs 61.36 per dollar.
 
Reports of government in talks with global investment banks for including Indian bonds in global bond indices is also helping the rupee. The inclusion will help to attract dollar flows into the country. 
 
The rupee is expected to trade stable for the rest of the day, said currency dealers. 

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First Published: Oct 11 2013 | 1:10 PM IST

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