Rupee weakens in afternoon trade

Month-end dollar demand from importers is making the rupee weaker

Neelasri Barman Mumbai
Last Updated : Oct 25 2013 | 12:56 PM IST
 
The rupee continued to trade weak in afternoon trades due to month-end dollar demand from importers.
 
At 12:25 pm the rupee was trading at Rs 61.65 compared with previous close of Rs 61.47 per dollar.
 
As month-end dollar demand from importers continue, the rupee is soon expected to touch the Rs 62 per dollar mark next week, said currency dealers.

Also Read

 
 

More From This Section

First Published: Oct 25 2013 | 12:53 PM IST

Next Story