Last Updated: Thursday, July 18, 2013, 17:52
The steep fall will raise the cost of servicing foreign currency government debt though it cannot have any major material impact on debt repayment burden.
Last Updated: Wednesday, July 17, 2013, 09:53
Meanwhile, the Indian benchmark Sensex rose by 119.44 points or 0.60 percent, to 19,970.67 at 1050hrs.
Last Updated: Friday, July 12, 2013, 10:07
Forex dealers said increased demand for the dollar from importers also put pressure on the rupee.
Last Updated: Tuesday, July 9, 2013, 12:22
Rupee has been continuing with its downward trend since a couple of months.
Last Updated: Friday, July 5, 2013, 09:53
Erasing all initial gains, the rupee on Friday fell by 10 paise to 60.23 in late morning deals.
Last Updated: Tuesday, July 2, 2013, 10:28
Strengthening of the euro and yen against the dollar overseas also supported the rupee, forex dealers said.
Last Updated: Friday, June 28, 2013, 11:21
The rupee had strengthened by 53 paise to close at Rs 60.19 per dollar yesterday after current account gap moderated sharply.
Last Updated: Thursday, June 27, 2013, 21:48
Though the rupee has dropped sharply over the last few weeks and breached the level of 60 to the dollar, brokerage firm Nomura believes the Indian unit is still overvalued by a whopping 17.6 percent.
Last Updated: Thursday, June 27, 2013, 10:02
The rupee had tanked by a massive 106 paise to close at all-time low of 60.72 against dollar in yesterday's trade.
Last Updated: Tuesday, June 25, 2013, 10:04
Forex dealers said besides dollar selling by exporters, a higher opening in domestic equity market helped the rupee to strengthen.
Last Updated: Monday, June 24, 2013, 10:08
The rupee Monday fell by 40 paise to 59.67 in early trade on the Interbank Foreign Exchange market, on fresh dollar demand tracking strengthening of the US currency overseas.
Last Updated: Friday, June 21, 2013, 13:56
The rupee trimmed its early losses on Friday, but was still quoted lower by 8 paise to 59.65 per dollar.
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