Forex

Rupee snaps 2-day gains; ends marginally down

PTI Mumbai | Updated on March 12, 2018 Published on May 02, 2013

d7days

d14days

d1mon

d3mon

d6mon

d1yr

e7days

e14days

e1mon

e3mon

e6mon

e1yr

The rupee on Thursday snapped its last two days of gains against the American currency and ended marginally down by one paise at 53.81 per dollar on fresh dollar demand from importers amidst firm dollar in overseas market.

The rupee resumed higher at 53.69 per dollar against the previous close of 53.80 per dollar at the Interbank Foreign Exchange (Forex) Market and firmed up further to a high of 53.67 per dollar on selling of dollar by banks and exporters on the back of sustained capital inflows from foreign funds.

However, it declined afterward to 53.95 per dollar before finishing at 53.81 per dollar from its last close of 53.80 per dollar, showing a marginally loss of one paise on fresh dollar demand on the back of higher dollar in overseas market.

It had gained by 57 paise, or 1.04 per cent, in previous two days.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on May 02, 2013
null
This article is closed for comments.
Please Email the Editor