PT:Re recovers from initial losses vs dollar, up 7 paise
Mumbai, Feb 25 (PTI) The Indian rupee recovered from initial losses and was quoted higher by seven paise to 54.10 against the American Currency in the late morning trade on fresh selling of dollars by banks on the back of persistent capital inflows.
The rupee resumed lower at 54.22 per dollar against the last weekend's level of 54.17 per dollar at the Interbank Foreign Exchange (Forex) Market on some dollars demand from banks in view of firm dollar in overseas market.
