Rupee near record low; down 30 paise at 61.57 Vs dollar
Quotes

Rupee near record low; down 30 paise at 61.57 Vs dollar

Last Updated: Tuesday, August 13, 2013, 11:53
 
 Comment 0
 
Rupee near record low; down 30 paise at 61.57 Vs dollar
Mumbai: The rupee on Tuesday fell by another 30 paise to trade at 61.57 against the dollar in early trade at the Interbank Foreign Exchange market due to renewed dollar demand from importers and appreciation of the US currency overseas.

Forex dealers said besides dollar's gains against the yen overseas, increased demand from oil importers for the US currency and a contraction in industrial production in June also put pressure on the rupee.

They said, however, a higher opening in the domestic equity market limited the rupee fall.

The rupee fell by 39 paise to close at 61.27 against the US currency in the previous session on heavy demand for the US currency from importers.

PTI



First Published: Tuesday, August 13, 2013, 10:15


Comments


comments powered by Disqus
BMW-X3
BMW-X3
Forbes Best Places for Biz 2014
Forbes Best Places for Biz 2014
Hyundai Elite i20
Hyundai Elite i20
Honda Mobilio MPV
Honda Mobilio MPV
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics

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