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May 17, 2012, 03.04 PM IST

Rupee gains as risk assets stabilise

MARKETS-INDIA-RUPEE:Rupee gains as risk assets stabilise

Source: Reuters
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Rupee gains as risk assets stabilise
MUMBAI (Reuters) - The rupee gained on Thursday as global risk assets stabilised globally after a recent selloff.


The rupee was at 54.30/32 to the dollar in early trade versus its Wednesday close of 54.51, which was just off the record low of 54.52 to the dollar hit on the same day.


(Reporting by Subhadip Sircar; Editing by Rafael Nam)


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