Monday 8 June 2015

Rupee breaches 64/$ levels

The rupee today opened at 64.05 against the US dollar.

The rupee today opened at 64.05 against the US dollar. 

The rupee ended at 63.75 on Friday , stronger by 25 paise from its previous close of 64.00 on Thursday.

Asian markets are mixed with Japan's Nikkei and Hong Kong's Hang Seng index in the red. China's Shanghai index was, however, higher. On Wall Street, Dow Jones  fell 0.31%,  
S&P dropped 0.14% and Nasdaq gained 0.18%.


PSU banks will be in focus as the Finance Minister Arun Jaitley will meet the heads of public sector banks later this week to review the banks' annual performance and bad loans situation as also to persuade them to pass on RBI's rate cut benefit to borrowers for propping growth, says a report.

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