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Rupee drops 24 paise to 55.58 on dollar demand

Last Updated: Monday, July 30, 2012, 09:58

Snapping two straight days of gains, the rupee Monday weakened by 24 paise to close at 55.58 on heavy month-end dollar demand from oil importers even as stock markets surged 300 points.

Rupee drops 24 paise to 55.58 on dollar demand

Last Updated: Monday, July 30, 2012, 09:58

Snapping two straight days of gains, the rupee Monday weakened by 24 paise to close at 55.58 on heavy month-end dollar demand from oil importers even as stock markets surged 300 points.

Rupee snaps 4-day fall, gains 64 paise against dollar

Last Updated: Thursday, July 26, 2012, 18:55

Ignoring the falling stock market, the rupee bounced back by 64 paise to 55.52 on heavy dollar selling amid reports during the fag-end that ECB President Mario Draghi vowed to take all steps to protect the Eurozone from collapse.

Rupee drops 65p to over 3-week low against dollar

Last Updated: Monday, July 23, 2012, 20:27

Tracking weak stock markets, the rupee on Monday plunged by 65 paise to 55.97, its lowest closing in over three weeks, against dollar amid fresh Eurozone worries and month-end US currency demand from oil firms.

Rupee likely to be in 54.50-55.30 range this week: Experts

Last Updated: Sunday, July 08, 2012, 12:35

The rupee is likely to trade in the 54.50-55.30 range this week due to renewed risk aversion globally after more stimuli by three leading central banks last week, according to experts.