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Rupee breaks 2-day winning run; dives 17 paise to 67.07

The rupee on Thursday plunged by 17 paise to close at 67.07 on fresh dollar demand

Press Trust of India  |  Mumbai 

Snapping its two-day gains, the rupee on Thursday plunged by 17 paise to close at 67.07 on fresh dollar demand from banks and importers despite weakness in the American currency in the overseas market. However, good foreign capital inflows coupled with sharp recovery in the equity market restricted the rupee’s loss against the dollar, a forex dealer said. The rupee resumed lower at 66.94 per dollar as against the Wednesday’s closing level of 66.90 at the Interbank Foreign Exchange market and dropped further to 67.09 before ending at 67.07, showing a loss of 17 paise, ...

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Rupee breaks 2-day winning run; dives 17 paise to 67.07

The rupee on Thursday plunged by 17 paise to close at 67.07 on fresh dollar demand

The rupee on Thursday plunged by 17 paise to close at 67.07 on fresh dollar demand Snapping its two-day gains, the rupee on Thursday plunged by 17 paise to close at 67.07 on fresh dollar demand from banks and importers despite weakness in the American currency in the overseas market. However, good foreign capital inflows coupled with sharp recovery in the equity market restricted the rupee’s loss against the dollar, a forex dealer said. The rupee resumed lower at 66.94 per dollar as against the Wednesday’s closing level of 66.90 at the Interbank Foreign Exchange market and dropped further to 67.09 before ending at 67.07, showing a loss of 17 paise, ... image
Business Standard
177 22

Rupee breaks 2-day winning run; dives 17 paise to 67.07

The rupee on Thursday plunged by 17 paise to close at 67.07 on fresh dollar demand

Snapping its two-day gains, the rupee on Thursday plunged by 17 paise to close at 67.07 on fresh dollar demand from banks and importers despite weakness in the American currency in the overseas market. However, good foreign capital inflows coupled with sharp recovery in the equity market restricted the rupee’s loss against the dollar, a forex dealer said. The rupee resumed lower at 66.94 per dollar as against the Wednesday’s closing level of 66.90 at the Interbank Foreign Exchange market and dropped further to 67.09 before ending at 67.07, showing a loss of 17 paise, ...

image
Business Standard
177 22