 "Rupee snaps five-day uptrend")
The rupee on Wednesday snapped its five-day uptrend against the dollar, ending four paise lower at 62.18 on fresh dollar demand from banks and importers in view of fall in crude oil prices.
The rupee hovered in a range of 62.07 and 62.23 during the day.
However, government bonds (G-Secs) ended mixed on alternate bouts of buying and selling.
The overnight call money rates ended lower at 7.50 per cent from Tuesday's closing level of 8.05 per cent due to sustained demand from borrowing banks, amid ample liquidity in the banking system. It resumed higher at 8.30 and moved in a wide range of 8.65 per cent and 7.25 per cent.
The rupee hovered in a range of 62.07 and 62.23 during the day.
However, government bonds (G-Secs) ended mixed on alternate bouts of buying and selling.
The overnight call money rates ended lower at 7.50 per cent from Tuesday's closing level of 8.05 per cent due to sustained demand from borrowing banks, amid ample liquidity in the banking system. It resumed higher at 8.30 and moved in a wide range of 8.65 per cent and 7.25 per cent.