Rupee ends marginally up

The rupee ended marginally up at 44.61/62 per dollar in limited activity even as dollar sales were absorbed by some import enquiries amid advancing crude oil prices.

The activity was restricted at the interbank forex market during the day in the absence of any worthwhile market moving factor.

Resuming higher at Rs 44.61/62 a dollar, the rupee later moved in a narrow range of 44.58-44.65 and ended flat as dollar buying importers was well matched with exporters sales.

Dealers attributed the rupee’s modest gain to weak dollar overseas, affected by disappointing US economic data.