Rupee closes at 61.79 versus US dollar
Rupee closes at 61.79 versus US dollar
The dollar had continued to trade above 80 levels after it rose for the first time in six sessions on Friday.

Mumbai: Rupee on Monday closed at 61.79 versus the US dollar, down 35 paise or 0.57 per cent.

Rupee on Monday opened at 61.55 vs US dollar against Friday's close of 61.44.

The dollar had continued to trade above 80 levels after it rose for the first time in six sessions on Friday but was still within striking distance of a recent eight-month low as the US Government closure and fears about a debt default kept investors cautious.

The US market meanwhile, had closed on a positive note on Friday and as the Dow reclaimed that 15,000 level. European markets had also closed higher led by gains in Italy.

The equity benchmarks also had a decent outing last week, gaining about a percent. The Sensex rallied 189 points or 0.95 percent to close at 19915.95 and the Nifty jumped 74 points or 1.27 percent to 5907.30.

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