Thursday 17 July 2014

Rupee down 2 paise versus the US dollar.

The rupee fell marginally by two paise to 60.14 against the dollar in early trade today on increased demand for the US currency from banks and importers. 

 increased demand for dollar from importers mainly put pressure on the local unit but a higher opening in the domestic equity market and gains in other currencies overseas against the dollar capped the losses. 

The rupee ended flat at 60.12 against the dollar in yesterday's trade on alternate bouts of demand and supply. 





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