Swastika Investmart Limited

The rupee respected by two paisa to 65.56 against the US dollar in
early on buys and sell on Thursday. The Local currency had rushed 38
paisa to stay at a 5-week high of 65.58 against the greenback in the
last session at the Interbank Foreign Exchange. The RBI, in its policy
review on Tuesday, reduce policy charge by 50 basis points, tracking
which some public and private division banks have started lessening
their base charges. This has increased expect that financial improvement
would now pick up pace.