Printer Friendly

Rupee slips.

Mumbai: Ignoring firm local equities, the rupee fell back by nine paise to close at 60.17 against the United States dollar following fresh dollar demand from importers. However, continued capital inflows and weak dollar overseas restricted the rupee fall to some extent, a forex dealer said. At the Interbank Foreign Exchange (Forex) market, the domestic unit commences better at 60.02 a dollar from last weekend's close of 60.08 and improved further to a high of 60.00. Later, it met with strong resistance and fell back to a low of 60.26 before settling at 60.17.

Muscat Press and Publishing House SAOC 2014 Provided by SyndiGate Media Inc. ( ).
COPYRIGHT 2014 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2014 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Times of Oman (Muscat, Oman)
Date:Jun 30, 2014
Previous Article:Sensex gains 314 points.
Next Article:Fifa World Cup Brazil 2014: Germany, France end Africa World Cup hopes to advance.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters