Rupee slips on stocks drop; $ rise

Source: The Economic Times

Mumbai : India | about 1 month ago

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Fake 1000 Indian rupee notes at a marketplace in Amritsar, India

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Fake 1000 Indian rupee notes at a marketplace in Amritsar, India

The rupee eased on Thursday, weighed down by a 1 per cent fall in local shares and the dollar's gains against major units overseas. At 10:35 am (0505 GMT), the partially convertible rupee was at 47.11/12 per dollar, 0.1 per cent below its Wednesday's close of 47.05/06. "There was some corporate demand...

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