Business Standard

Rupee down 4 paise to 55.58/dollar

Influenced by dollar's gains in overseas markets, weak opening in stock market following capital ouflows

Related News

The today lost four paise to 55.58 against the dollar in early trade as the gained strength against and other currencies.

dealers said besides dollar's gains in the overseas markets, a weak opening in the following capital ouflows, also put pressure on the local unit.

The rupee had gained a whopping 54 paise to end at 55.54 against the dollar on Friday's trade on persistent dollar- selling by exporters amid hinting at opening a separate dollar window for oil firms.

Meanwhile, the benchmark fell by 161.62 points, or 1.01%, at 15,803.54 in early trade today.

Read more on:   
|
|
|
|
|
|
|
|
|
|
|
|

Read More

Rupee gains most in 3 yrs as risk assets rally

The rupee posted its biggest daily gain in three years on Friday after the government confirmed it will not impose retroactive taxes on foreign ...

Quick Links

More news from Finance Rss icon

Jan Dhan Yojana: Banks in Tamil Nadu exceed target

Banks in Tamil Nadu were able to exceed the target set for opening new accounts under the Prime Minister's Jan Dhan Yojana

Banks seek stricter norms for reporting on wilful defaulters

Aimed at preventing defaulters from taking fresh loans from other lenders

RBI eases procedure for ECB refinance

Modification to the ECB policy comes into force with immediate effect

Back to Top