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Rupee ends firm at 54.14 against dollar, 1-month-high

Posted on Dec 06, 07:28PM | UNI

The Rupee registered a hefty gain of 41 paise to end strong at 54.14 against the US Dollar, a one-month-high, on persistent selling of Dollars by banks and exporters, dealers at the inter-bank foreign exchange said.

The domestic unit rose by 14 paise in the opening trade. Till the end of the day, it rose further by 41 paise to close at 54.14.

It registered the day's high and low at 54.57 and 54.04 per USD, respectively, with a major oscillation.

With this, the Rupee has rallied by 64 paise in three sessions.

The Rupee remained firm following weakness of Dollar. Even strong equity market also boosted the same, dealers added.