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Rupee continues to trade lower; share losses hurt

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Reuters

Reuters Market Eye - The rupee is trading at 63.50/51 versus Tuesday's close of 63.28/29. Volumes are thin in holiday-shortened Christmas week.

Losses in local shares boosting hurt sentiment. The Nifty <.NSEI> ends down 1.1 percent.

Month-end dollar demand from importers also hurts.

Heavy dollar buying is seen from custodian banks, say traders.

(Reporting by Swati Bhat)

 

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First Published: Dec 24 2014 | 4:36 PM IST

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