Rupee decreased further by 10 paise to 61.83 against the US currency in morning trade on sustained demand for the dollar from importers coupled with strengthening greenback overseas. Rupee continued bottom at 61.79 per dollar as against yesterday's closing level of 61.73 at the Interbank Foreign Exchange market. Behind schedule slid sharply to 61.87, before quoting 61.83 per dollar at 1030 hours.In the New York market, the US dollar held its own in early trade after European Central Bank officials raised the prospects of further stimulus steps and as investors waited to see if Japan's leader would call a snap election after the country unexpectedly slipped into recession. Meanwhile, the benchmark BSE Sensex was trading higher by 81.24 points, or 0.29 per cent, to 28,259.12 at 1040 hours.
Thursday, November 20, 2014
Rupee 10 Paise Towards a Lower Position Against Dollar
9:49 AM
By:
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On: 9:49 AM
In: currency tips, domestic forex tips, forex tips, i forex tips, international forex tips
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