Rupee trims initial losses Vs dollar, still down 14 paise
Quotes

Rupee trims initial losses Vs dollar, still down 14 paise

Last Updated: Monday, September 02, 2013, 12:58
 
 Comment 0
 
Rupee trims initial losses Vs dollar, still down 14 paise
Mumbai: The Indian rupee trimmed its initial losses but was still quoted down by 14 paise to 65.84 per dollar on demand for the US currency from banks and importers due to higher global cues amid firm equity market.

The rupee resumed lower at 66.15 per dollar as against the last weekend's level of 65.70 at the Interbank Foreign Exchange (Forex) Market.

It moved in a range of 66.15 and 65.70 before quoting 65.84 per dollar at 1040 hours.

Oil prices fell in Asian trade today after US President Barack Obama's announcement that he would seek approval from lawmakers for military action against Syria, which eased prospects of an imminent strike, analysts said.

In New York market, the US dollar rose against rivals on last Friday and notched its third consecutive weekly gain after Syrian-related tensions weighed on risk appetite and aided the US currency.

Meanwhile, the Indian benchmark BSE-30 share index Sensex rose by more than 200 points or 1.08 percent to 18,820.61 at 1040 hours.

PTI



First Published: Monday, September 02, 2013, 12:58


Comments


comments powered by Disqus
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires
Top 10 billionaire cities- In Pics
Top 10 billionaire cities- In Pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved