The rupee is currently trading at 63.63/$, little changed from its previous close of 63.662/$ on Thursday.
Indian Rupee, extending previous sessions’ weakness, declined on Friday on month end dollar demand from importers and lower opening in the domestic equity market. Besides, risk-off sentiment after Greece failed again to reach an agreement with its creditors and stumbled towards a default also weighed on the sentiment. On the global front, euro was in a holding pattern early on Friday, having gone nowhere in the past 24 hours as Greece hung in the balance after the latest round of talks failed to clinch a funding deal for the cash-strapped country.
The rupee is currently trading at 63.63/$, little changed from its previous close of 63.662/$ on Thursday. The currency touched a high and low of 63.62/$ and 63.65/$ respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 63.61 and for Euro stood at 71.16 on June 25, 2015. While, the RBI’s reference rate for the Yen stood at 51.40, the reference rate for the Great Britain Pound (GBP) stood at 99.7947.
Indian Rupee, extending previous sessions’ weakness, declined on Friday on month end dollar demand from importers and lower opening in the domestic equity market. Besides, risk-off sentiment after Greece failed again to reach an agreement with its creditors and stumbled towards a default also weighed on the sentiment. On the global front, euro was in a holding pattern early on Friday, having gone nowhere in the past 24 hours as Greece hung in the balance after the latest round of talks failed to clinch a funding deal for the cash-strapped country.
The rupee is currently trading at 63.63/$, little changed from its previous close of 63.662/$ on Thursday. The currency touched a high and low of 63.62/$ and 63.65/$ respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 63.61 and for Euro stood at 71.16 on June 25, 2015. While, the RBI’s reference rate for the Yen stood at 51.40, the reference rate for the Great Britain Pound (GBP) stood at 99.7947.
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