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Rupee edges lower after surging to three-week highs

Last Updated: Thursday, July 03, 2014, 19:00

The rupee Thursday surged to three-week highs in early trade but closed four paise lower at 59.73 against the dollar on weakness in local stocks and persistent demand for the American currency from importers, including oil firms.

Rupee rises to over 2-week high; up 16 paise at 59.53 Vs dollar

Last Updated: Thursday, July 03, 2014, 09:48

The rupee edged higher by 16 paise to over two-week high of 59.53 against the US dollar at the Interbank Foreign Exchange market Thursday.