Forex tips
Rupee were iterate at 61.42 against the US currency in late morning deals today amid aggressive trading on the back of the bigger dollar overseas. Earlier, the rupee continues lower at 61.50/dollar as against last Friday's ended of 61.42 at the Interbank Foreign Exchange market. It reduced further at 61.51 on month end dollar desired by importers, before regaining at Rs 61.39 on bouts of dollar selling by banks and exporters and was iterate at last Friday's same level of Rs 61.42 at 1100 hrs. It levitates in the range of 61.51 to 61.39 per dollar throughout the morning trade.
RBI REFERENCE RATE
(As on 27TH January 2015)
UNDERLYING RATE
USDINR 61.4640
EURINR 69.0302
GBPINR 92.7676
JPYINR 52.0000
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