Business Standard

Rupee slides further; down 25 paise against dollar

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Press Trust of India Mumbai

The dollar also strengthened against other currencies in the overseas markets.

The rupee resumed lower at 55.75 a dollar as against last closing level of 55.66 at the Interbank Foreign Exchange (Forex) Market and moved between 55.74 and 55.99 per dollar. It was quoting at 55.91 a dollar at 1040 hrs.

In the New York market, the dollar extended gains against most major rivals such as the euro yesterday.

Meanwhile, the BSE 30-stock index, Sensex, was trading down 46.85 points or 0.27 per cent to 17,394.02.

  

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First Published: Sep 05 2012 | 11:45 AM IST

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