Comments
The rupee on Monday slipped from its near one-month high to end lower by 5 paise at 67.11 against the US dollar on demand for the American currency from importers and banks.
At the inter-bank foreign exchange market, the rupee opened higher at 66.96 against the weekend close of 67.06 on sustained dollar selling by exporters and corporates.
Maintaining its strong undertone, it later touched a fresh one-month high of 66.84 before wiping out the gains due to bouts of dollar demand. After hitting a low of 67.17 in later afternoon deals, the rupee closed at 67.11, revealing a loss of 5 paise, or 0.07 per cent against the dollar.
Comments
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.