Rupees recovers and ended at 44 against US Dollar

Strong foreign fund flow made rupee bit stronger by one paise in the currency futures market on Tuesday. The fall in Euro was however a concern for the market and investor but proved strong point for Indian currency rupees.

On Tuesday, rupees ended at flat at 44 per dollar. The rupees has also witnessed the lowest rate of 44.53 and highest of 44.28 in the intra-day trading at the currency futures market.

The demand for the rupees at the currency futures market has been volatile and depending on the flow of the foreign fund into the market.