Comments
The rupee ended nine paise weaker at 60.56 to the dollar against the previous close of 60.47 on the back of the dollar strengthening in the overseas market and fresh dollar demand from oil importers. According to dealers, the rupee’s weakness is in line with the pressure on emerging market currencies after the US Federal Reserve chief Janet Yellen’s comments were seen as more hawkish than her European counterparts at a central bankers’ meeting. In intra-day trade, the domestic unit touched a high of 60.41 and a low of 60.58.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.