Twitter

Facebook

Youtube

Pintrest

RSS

Hindi News | Samay | UP/Uttarakhand | MP/Chhattisgarh | Bihar/Jharkhand | Rajasthan | Aalami Samay
Rupee down Vs dollar at close
Last Updated : 14 Feb 2013 07:11:05 PM IST
Indian currency rupee
File photo of Indian currency rupee.
 

Tracking losses in the local stock market, the rupee on Thursday lost 10 paise to close at 53.92 due to renewed dollar demand driven by strengthening of the US currency overseas.


Forex dealers said, however, positive cues from easing inflation and continued foreign fund flows capped the rupee's fall to some extent.

The local unit resumed lower at 53.85 against yesterday's close of 53.82 per dollar at the Interbank Foreign Exchange (Forex) Market.
 

It declined further to 53.97 before ending the day a tad better at 53.92, a loss of 10 paise, or 0.19 per cent, over the previous close. Rupee moved in a tight range of 53.81- 53.97 during the day.

"The rupee was seen trading range bound amid positive domestic data and the fall in the euro. On the international front, euro-zone's GDP figures put pressure on the rupee," said Abhishek Goenka (Founder & CEO, India Forex Advisors).

Snapping a two-day gaining string, the BSE benchmark Sensex slipped by 111 points, or 0.57 per cent, to 19,497.18 today.

Foreign institutional investors pumped in nearly USD 60 million (Rs 321.26    crore) into local equities, according to BSE provisional data.

The January WPI inflation figures which slipped to three-year low at 6.62 per cent against 7.18 per cent in December.

In Sydney, the US dollar inched higher gaining some traction against rivals ahead of a meeting of the world's top finance ministers and central bankers.

In London, euro and shares fell today after data showed the euro-zone's two biggest economies shrank even more than expected late last year, throwing a first quarter recovery into doubt.
 

In New York, the US dollar trimmed its losses against the yen yesterday as investors sorted out the stance by the world's largest industrialised economies on recent weakness in the Japanese currency.

The premium for the forward dollar declined sharply on sustained receipts by exporters.

The benchmark six-month forward dollar premium payable in July dropped further at 173-1/2-175-1/2 paise from Wednesday's close of 180-182 paise.

Far-forward contracts maturing in January remained weak at 336-1/2-338-1/2 paise from 344-346 paise.

The RBI fixed the reference rate for the US dollar at 53.8715 and for euro at 72.3760.

The rupee moved up further against the pound sterling to 83.60 from last close of 83.77 while recovered smartly against the euro to end at 71.88 from 72.60.

It, however, declined further against the Japanese Yen to 57.87 per 100 yen from previous close of 57.50.
 


Post Your Comment (0 posted):
Post your comment Post Your Comments
Your name :
Your e-mail address :
Your website :
Add your comments :
Please enter the code you see in the image:
Code

Its homecoming of sorts for gorgeous former Miss Universe Sushmita Sen as she is set to s

Bollywood actress Sunny Leone was looking stunningly beautiful as she walk the ramp as t

Salman Khan a "national boyfriend" this name has been given to him by Karan Johar, Karan

Aamir Khan is fiercely protective about his movies, but the story of Peekay has been leake

Pakistani actress Saba Qamar's “Kambakht” is set to clash with Salman khan’s upcomin

People still think that Manju from Comedy Nights With Kapil is actually Kapil Sharma's rea

Recently, two Pakistani actresses have made inroads into Bollywood. Humaima Malick will be

These women can put to shame celebrities who boast of having a size zero figure. These wom

Rabiya Khan, the mother of deceased Bollywood actor Jiah Khan, assured the Bombay High Co

Another love lady of Akshay Kumar. Bollywood Khiladi has a long list of love affairs Sta

Bollywood's selfie obsession has caught the fancy of almost all stars in the industry. See

Social networking sites have been flooded by the news how Deepika Padukone wished Happy Bi

When Malaysian Airlines flight MH17 came down after being hit by a missile in east Ukraine

Sunny leone is in a denial mode but the site owners have her signed contract.Sunny isone d

A Malaysia Airlines plane was blown up over Eastern Ukraine by a sophisticated missile bel

We bet you did not know these facts about the birthday girl Priyanka ChopraToday is our de

A new study has claimed that if you sleep in the nude, then you can have a happier relatio

Russian President Vladimir Putin was on target but terrorists by mistakenly shot down Mala

Another conspiracy that is originating from the blasting of the Malaysian airlines flight

With the MeT department warning of heavy showers at various places in Uttarakhand on Satur

After the amazing tribute video by Tiger Shroff, now Hrithik Roshan has paid tribute to Mi

Lord Hanuman has managed to get an Aadhaar card made, but there are no takers for it.

Apple had more than 4 million advance orders of its new iPhones in the first 24 hours.


Samay Live

Samay Live

 

Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live

10.10.70.24