Extending losses for the fourth straight session, the rupee slided by 17 paise to 62.42 against the dollar in early trade today at the Interbank Foreign Exchange market as the American currency strengthened overseas amid persistent foreign capital outflows. Forex dealers said besides the dollar's gain profit against other currencies overseas, increased desired for the American unit from importers put pressure on the rupee but a bigger opening in the domestic equity markets, capped the losses. The rupee had decreased by six paise to end at a fresh one-month low-lying of 62.25 in yesterday's trade on persistent dollar desired from banks and importers.
Written by Unknown
We are Creative Blogger Theme Wavers which provides user friendly, effective and easy to use themes. Each support has free and providing HD support screen casting.
0 comments:
Post a Comment