Business Standard

Rupee snaps 2-day losing string

Image

Capital Market
Snapping its two-day of losing string, the rupee on Wednesday (20 March 2013) edged up by a paisa to end at 54.36 against the Greenback on late dollar selling by exporters amid weak USD overseas.

Rupee started lower at 54.54 a dollar from previous close of 54.37 and declined further to a low of 54.56 at the Interbank Foreign Exchange (Forex) market on continued dollar demand from importers at early stages and hesitance in local equities on political uncertainty.

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 20 2013 | 9:03 AM IST

Explore News