The rupee recovered from a weak open to gain to above 56 to the dollar on Friday, though broader sentiment was weak as the euro fell to a two-year low, reflecting the worsening euro zone debt crisis and disappointing Chinese manufacturing data.
At 9:10 a.m. the partially convertible rupee was at 55.99-56.01 per dollar, stronger than its 56.08-56.09 close on Thursday.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
