Apr 13, 2012, 09.53 AM IST

Rupee opens up on dollar inflow hopes

The rupee opened up on Friday as easing worries of a funding crunch in the euro zone economies bolstered hopes for capital flows into riskier assets.

Source: Reuters
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Rupee opens up on dollar inflow hopes
The rupee opened up on Friday as easing worries of a funding crunch in the euro zone economies bolstered hopes for capital flows into riskier assets.


At 9 a.m. (0330 GMT), the rupee was at 51.33/34 to the dollar, stronger than Thursday's close of 51.580/585.


Asian shares rose on better-than-expected demand for Italian sovereign debt, shrugging off a rocket launch by North Korea.


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