Rupee washes out initial losses, up 19 paise at 63.18 Vs dollar
Quotes

Rupee washes out initial losses, up 19 paise at 63.18 Vs dollar

Last Updated: Wednesday, September 18, 2013, 12:13
 
 Comment 0
 
Rupee washes out initial losses, up 19 paise at 63.18 Vs dollar
Mumbai: The rupee washed out earlier losses Wednesday and was quoted higher by 19 paise to 63.18 per dollar on fresh selling of the US currency by banks and exporters on the back of its weakness overseas.

The rupee resumed lower at 63.45 per dollar as against the last closing level of 63.37 at the Interbank Foreign Exchange (Forex) Market on good dollar demand from banks and importers.

However, it washed out earlier losses and was quoted higher at 63.18 per dollar on selling of the US currency by banks and exporters.

The domestic currency moved in a range of 63.46 and 63.16 per dollar during morning deals.

In the global market, the US dollar continued to trade lower yesterday, as Federal Reserve policy makers started a two-day meeting that's expected to result in a modest scaling back of the central bank's bond-buying programme.

Meanwhile, the benchmark BSE-30 share index Sensex was quoted higher by 26 points or 0.13 per cent at 19,829.91 at 1050 hours.

PTI



First Published: Wednesday, September 18, 2013, 09:42


Comments


comments powered by Disqus
BRICS Annual Summit 2014
BRICS Annual Summit 2014
Tata Zest Standout Features: In Pics
Tata Zest Standout Features: In Pics
New car launches in July
New car launches in July
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics
Google I/O 2014
Google I/O 2014

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