Business Standard

Rupee weakens in afternoon trade

Month-end dollar demand from importers is making the rupee weaker

Neelasri Barman Mumbai
 
The rupee continued to trade weak in afternoon trades due to month-end dollar demand from importers.
 
At 12:25 pm the rupee was trading at Rs 61.65 compared with previous close of Rs 61.47 per dollar.
 
As month-end dollar demand from importers continue, the rupee is soon expected to touch the Rs 62 per dollar mark next week, said currency dealers.
 
 

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First Published: Oct 25 2013 | 12:53 PM IST

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