Rupee Gains against Dollar : Closes at Rs 39.44

Rupee ended stronger against the US Dollar and the UK Pound Sterling, Rupee closed at Rs 39.445 against the US Dollar and the Rs 80.82 againss the Sterling Pound.

India Rupee recouped against the sterling to end at Rs 80.82 per pound from previous close of Rs 81.12, while the Rupee declined further against the European currency to Rs 56.64  from previous close of Rs 56.57 per euro.

The RBI has fixed the reference rate for the Dollar at Rs 39.51 and for the Euro at Rs 57.56.