• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, Nov. 15

The rupee weakened by almost 15 paise on aggressive demand for dollars from foreign banks. The RBI was also suspected to be present in the market through public sector banks selling the rupee, said a dealer with a private bank.

This impacted the rupee. The home currency opened at 45.17, to finally close Rs 45.34/35, against the previous close at 45.19/20. Dealers said the rupee was expected to trade at 45.20-35 levels this week.

In forwards, the six-month premium closed at 1.88 per cent (1.79 per cent) and the one-year closed at 1.73 per cent (1.7 per cent). The dollar strengthened slightly against the yen, euro and sterling.

More Stories on : Forex

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Re weakens on dollar demand

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line