Friday 25 October 2013

Rupee marginally weak on month-end dollar demand

May weaken further, say dealers


The rupee was trading marginally weak in early trades due to month-end dollar demand from importers.

At 9:35 am, the rupee was trading at Rs 61.49 compared with previous close of Rs 61.47 per dollar.

The rupee may weaken further during the day due to demand for dollars by importers, said currency dealers. Currency dealers see the rupee trading in a range of Rs 61.25 to Rs 62.00 today.

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