Mumbai: The rupee opened stronger on Thursday bolstered by Prime Minister Manmohan Singh's call to formulate an economic revival plan and boost investor sentiment.
At 9.02 am, the rupee was at 56.94/98 to a dollar, as against Wednesday's close of 57.15/16.
Prime Minister Manmohan Singh, who has taken charge of the Finance Ministry, summoned officials on Wednesday to formulate an economic revival plan in part addressing problems in tax policy and said he also wanted to revive the "animal spirit" of Indian economic growth.
(For updates you can share with your friends, follow IBNLive on Facebook, Twitter, Google+ and Pinterest)
BCCI may consider impeaching Srinivasan: Sources
Can BCCI chief Srinivasan afford to remain defiant?
I will not be bulldozed, says N Srinivasan
Srinivasan must go as he has lost his credibility: Kamal Nath
Manmohan Singh is the 13th and current Prime Minister of India. He is the only Prime Minister since Jawaharlal Nehru to return to power after completing a full five-year term. He is the first Sikh to hold the office.
Singh is also the 7th Pri ...
Live: Police not justified in seeking custody, Meiyappan tells court
I will not be bulldozed, says N Srinivasan
BCCI may consider impeaching Srinivasan: Sources
IPL website removes Fair Play Award table with CSK, RR leading
