forex tips
Regaining from nearly four-week low, the rupee today increased by seven paise to 62.10 against the dollar in early trade at the Interbank Foreign Exchange market on fresh selling of dollars by exporters. Forex dealers said besides selling of the American currency by exporters and banks, dollar's weakness against other currencies overseas also supported the rupee. They said, however, a lower opening of the domestic equity market capped the profit gains. The rupee had lost 48 paise to end at nearly four-week low-lying of 62.17 against the dollar yesterday due to capital outflows and fresh dollar desired from banks and importers.
RBI REFERENCE RATE
(As on 10TH February 2015)
UNDERLYING RATE
USDINR 61.9634
EURINR 70.2045
GBPINR 94.4136
JPYINR 52.2500
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