Advertisement

HindustanTimes Fri,31 Oct 2014

Rupee trading near record low; RBI intervention eyed

Reuters  Mumbai, June 21, 2013
First Published: 10:10 IST(21/6/2013) | Last Updated: 10:15 IST(21/6/2013)

The Indian rupee opened weaker to close in on a record low on Friday, with traders expecting the Reserve Bank of India to step in to sell dollars should the currency approach 60 against the greenback.

Advertisement
The rupee was trading at 59.69/70 to the dollar at 9.03 a.m., not far from a record low of 59.9850 hit on Thursday


Advertisement
more from Business

Air India may face a major pilot shortage by 2015

National carrier Air India may face a major shortage of pilots next year. According to an internal analysis done by the airline, AI would need about 260 pilots by October 2015.

markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved