Sunday, 30 November 2014

TODAY FOREX REPORTS FOR 01 DECEMBER 2014

Rupee ends day at 62.04 against the US dollar

http://www.researchvia.com/free-trials/
The rupee ended the day against the US dollar at 62.04. The Indian currency hit day's low of 62.06 against the greenback; extending yesterday's weakness due to sustained month-end demand for the American currency from importers.

The dollar's gains against other currencies overseas also put pressure on the local unit but a record opening in the domestic equity market limited the losses, dealers said. 

The rupee had lost 3 paise to end at 61.87 against the greenback in yesterday's trade on month-end dollar demand from importers.


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