Rupee at 55.68 against US dollar after initial losses - Hindustan Times
close_game
close_game

Rupee at 55.68 against US dollar after initial losses

PTI | By, Mumbai
Jun 14, 2012 11:48 AM IST

The rupee recovered its initial loss this morning and was trading at 55.68 per dollar due to uneven demand and supply of the American currency from banks and corporates.

The rupee recovered its initial loss this morning and was trading at 55.68 per dollar due to uneven demand and supply of the American currency from banks and corporates.

The rupee resumed weaker at 55.75 per dollar as against the last closing level of 55.68 at the Interbank Foreign Exchange (Forex) market.

HT Image
HT Image

It moved between 55.60 and 55.77 per USD during the morning deals before quoting at 55.68 at 1100hrs on fresh selling of dollars.

Hindustan Times - your fastest source for breaking news! Read now.

Dealers said that in New York, the dollar weakened on Wednesday against other currencies, pushing the euro briefly above $1.26 -- a late May level.

Meanwhile, the BSE 30-stock index Sensex was trading down about 40 points.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, March 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On