Rupee trims initial losses vs dollar, still down 6 paise
Quotes

Rupee trims initial losses vs dollar, still down 6 paise

Last Updated: Tuesday, December 04, 2012, 11:56
 
 Comment 0
 
Rupee trims initial losses vs dollar, still down 6 paise
Mumbai: The Indian rupee trimmed its earlier losses against the American currency, but was quoted still lower by six paise to 54.83 per dollar on mild dollar demand from banks and importers despite weak dollar overseas.

The rupee resumed slightly lower at 54.78 per dollar as against the yesterday's closing level of 54.77 per dollar at the Interbank Foreign Exchange (Forex) Market and declined further to 54.94 per dollar before quoting at 54.83 per dollar at 1050 hrs.

It moved in a range of 54.72 per dollar and 54.94 per dollar during the morning deals.

In New York market, the US dollar weakened yesterday as optimism over Greece and an upbeat Chinese manufacturing survey undercut its safe-haven appeal, while the euro rose to a six-week high versus the US currency.

Meanwhile, the Indian benchmark sensex resumed lower at 19,277.58 and hovered in a range of 19,359.49 and 19,274.03 before quoting at 19,326.60 at 1050 hrs, showing a moderate gain of 21.28 points or 0.11 per
cent.

PTI



First Published: Tuesday, December 04, 2012, 10:03


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