X

DON'T SHARE NUISANCE.
SHARE NEWS.

Be a responsible citizen. Come, pledge to always check and share verified and vetted news.
»
1-min read

Rupee weakens further, down 13 paise against dollar

Updated: June 21, 2013, 9:28 AM IST
facebook Twitter google skype whatsapp
Rupee weakens further, down 13 paise against dollar
The rupee had on Thursday hit an all-time low of 59.93 intra-day, before the Reserve Bank stepped in to help the local currency recover some ground.

Mumbai: Continuing its slide, the rupee weakened further by 13 paise to trade at Rs 59.70 against the US dollar in early trade on Friday on sustained capital outflows and strong demand of the American currency from importers. However, the euro's gain against the US dollar overseas, capped rupee's loss.

The rupee had on Thursday hit an all-time low of 59.93 intra-day, before the Reserve Bank stepped in to help the local currency recover some ground. It had ended 87 paise down at 59.57 on hefty outflows.

Meanwhile, the BSE benchmark Sensex declined by 79.13 points, or 0.42 per cent, to 18,640.16.

First Published: June 21, 2013, 9:28 AM IST
Read full article
Next Story
facebook Twitter google skype whatsapp