Rupee pares initial gains, still up by 20 paisa vs US dollar
The rupee trimmed its initial gains, but was still quoting up by 20 paisa to 61.50 against the greenback in late morning deals today on sustained bouts of dollar selling from banks and exporters amid rallying equities. Earlier, the rupee resumed sharply higher at 61.45 per dollar as against
yesterday close of 61.70 at the Interbank Foreign Exchange market. It strengthened further at 61.35 on persistent dollar selling by banks and exporters before quoting at Rs 61.50 at 1100 hours. It hovered in the range of 61.50-61.35 per dollar during the morning trade.
Euro hits fresh 11-year low in wake of ECB's QE launch
The euro touched a fresh 11-year low versus the dollar on Friday, coming under renewed pressure after the European Central Bank ( ECB) launched a government bond-buying programme the previous day.
The euro fell to as low as $1.13145 on trading platform EBS, its lowest level since September 2003. The euro last traded at $1.1324, down 0.4 per cent on the day.
Russian rouble 1% stronger vs dollar at market opening
Russia's rouble strengthened by around 1 per cent against the dollar at market opening on Friday and made gains against the euro, helped by a slight bounce in global oil prices.
At 0704 GMT, the rouble was around 1 per cent stronger against the dollar at 63.46 and gained 1.6 per cent to trade at 71.90 versus the euro.
The rupee trimmed its initial gains, but was still quoting up by 20 paisa to 61.50 against the greenback in late morning deals today on sustained bouts of dollar selling from banks and exporters amid rallying equities. Earlier, the rupee resumed sharply higher at 61.45 per dollar as against
yesterday close of 61.70 at the Interbank Foreign Exchange market. It strengthened further at 61.35 on persistent dollar selling by banks and exporters before quoting at Rs 61.50 at 1100 hours. It hovered in the range of 61.50-61.35 per dollar during the morning trade.
The euro touched a fresh 11-year low versus the dollar on Friday, coming under renewed pressure after the European Central Bank ( ECB) launched a government bond-buying programme the previous day.
The euro fell to as low as $1.13145 on trading platform EBS, its lowest level since September 2003. The euro last traded at $1.1324, down 0.4 per cent on the day.
Russian rouble 1% stronger vs dollar at market opening
Russia's rouble strengthened by around 1 per cent against the dollar at market opening on Friday and made gains against the euro, helped by a slight bounce in global oil prices.
At 0704 GMT, the rouble was around 1 per cent stronger against the dollar at 63.46 and gained 1.6 per cent to trade at 71.90 versus the euro.
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