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Rupee edges lower on imports

Mumbai : India | 2 months ago  
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Rupee dropped early on Tuesday as importers and oil refiners bought dollars to meet month-end import commitments but higher Asian units prevented a further slide. At 9:18 a.m. the partially convertible rupee was at 48.01/02 per dollar, slightly weaker than its Friday's close of 47.97/98.
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  • News Source: Jang.com.pk | 2 months ago
    The rupee lost further ground against the US dollar on Tuesday as market players used excess liquidity in the bank system to buy the greenback, currency dealers told The News. The rupee traded at Rs83.26 against the US dollar in the inter-bank market...
  • News Source: NewKerala | 2 months ago
    Since February 19, 2009, the Reserve Bank has been buying government securities under its open market operations (OMO) through an auction-based mechanism for more effective liquidity management. --UNI (c) 2009 Published with permission from United...
  • News Source: The Economic Times | 2 months ago
    India gold futures may tread lower this week on expectations of a strong dollar overseas, dimming the yellow metal's appeal as an alternative investment, analysts said. The most-traded October contract was 0.38 percent lower at 15,488 rupees per 10...
  • News Source: NewKerala | 2 months ago
    The Rupee today weakened by seven paise to finish at 48.05/07 against the dollar on fresh month-end dollar demand amid strong equity markets, traders at the interbank foreign exchange (forex) said here. The Indian unit fell by four paise against the...
  • News Source: NewKerala | 2 months ago
    Following were the closing rates of spot silver and gold: Silver (per kg).999 grade : Rs 26,230 Gold (per 10 gm): Gold 99.5 purity Standard mint : Rs 15,525 Gold 99.9 purity Pure gold : Rs 15,595. --UNI (c) 2009 Published with permission from...
  • News Source: NewKerala | 2 months ago
    A narrow fluctuation was seen in the Rupee as it registered the intra-day's high and low at 48.07 and 47.98. --UNI (c) 2009 Published with permission from United News of India .
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