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Rupee falls to 55.46 on global risk, US jobs eyed

Forecasts suggest 90,000 jobs will be added

Reuters

Rupee falls to 55.45/46 from its previous close of 54.94/95, tracking weaker risk currencies after monetary easing from China, the euro zone and Britain signalled a growing level of alarm about the global economy.

The euro languished at five-week lows against the greenback and at record troughs versus commodity currencies.

Traders will now await the U.S. jobs data due at 1230 GMT for further direction. Consensus forecasts is for 90,000 jobs to have been added.

The BSE Sensex was trading down 0.3%.

 

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First Published: Jul 06 2012 | 12:48 PM IST

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