Rupee loses some early gains, still up 16 paise against dollar
Quotes

Rupee loses some early gains, still up 16 paise against dollar

Last Updated: Tuesday, August 21, 2012, 11:54
 
 Comment 0
 
Rupee loses some early gains, still up 16 paise against dollar
Mumbai: The rupee gave up some early gains on Tuesday but was still 16 paise up at 55.57 against the dollar on selling of the American currency by banks and capital inflows from foreign funds into the equity market.

The dollar also lost some ground against other currencies in the overseas forex markets.

The rupee resumed higher at 55.55 per dollar as against the last weekend's level of 55.73 per dollar at the Interbank Foreign Exchange (Forex) Market and moved between 55.61 and 55.49 before quoting at 55.57 at 1040hrs.

In New York, the euro made slight gains against the dollar yesterday, after the European Central Bank called "misleading" a news report that it was planning to cap government-bond yields in the euro zone.

Meanwhile, the BSE 30-stock index, Sensex, resumed higher at 17,705.14 and was up 86.04 points or 0.49 percent at 17,777.12 at 1050hrs.

PTI



First Published: Tuesday, August 21, 2012, 10:18


Comments


comments powered by Disqus
Google I/O 2014
Google I/O 2014
Maker Faire @ White House
Maker Faire @ White House
Amazon unveils 3D `Fire` smartphone
Amazon unveils 3D `Fire` smartphone
RIL`s 40th AGM
RIL`s 40th AGM
Samsung Galaxy Tab S
Samsung Galaxy Tab S

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