Comments
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.
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.