Rupee trades 61.42 vs US dollar in late morning deals
The rupee were quoting at 61.42 against the US currency in late morning deals today amid volatile trading on the back of higher dollar overseas. Earlier, the rupee resumed lower at 61.50 per dollar as against last Friday's close of 61.42 at the Interbank Foreign Exchange market.
It declined further at 61.51 on month-end dollar demand by importers, before recovering at Rs 61.39 on bouts of dollar selling by banks and exporters and was quoting at last Friday's same level of Rs 61.42 at 1100 hrs.
It hovered in the range of 61.51-61.39 per dollar during the morning trade.
Euro mixed after Greek poll plunge
The euro edged up against the dollar on Tuesday after plunging in the wake of the anti-austerity Syriza party's victory in Greek elections, while the ruble dropped after Standard & Poor's cut Russia's debt rating to junk.
In Tokyo, the common currency rose to $1.1241, from $1.1234 in New York.
The euro had briefly tumbled to $1.1098 -- its lowest level since September 2003 -- in Asia on Monday, owing to fears the poll result could lead to a Greek exit from the euro zone.
The single currency eased to 132.85 yen from 133.12 yen in US trade, although it is still up from levels below 132 yen on Monday in Japan.
The rupee were quoting at 61.42 against the US currency in late morning deals today amid volatile trading on the back of higher dollar overseas. Earlier, the rupee resumed lower at 61.50 per dollar as against last Friday's close of 61.42 at the Interbank Foreign Exchange market.
It declined further at 61.51 on month-end dollar demand by importers, before recovering at Rs 61.39 on bouts of dollar selling by banks and exporters and was quoting at last Friday's same level of Rs 61.42 at 1100 hrs.
It hovered in the range of 61.51-61.39 per dollar during the morning trade.
Euro mixed after Greek poll plunge
The euro edged up against the dollar on Tuesday after plunging in the wake of the anti-austerity Syriza party's victory in Greek elections, while the ruble dropped after Standard & Poor's cut Russia's debt rating to junk.
In Tokyo, the common currency rose to $1.1241, from $1.1234 in New York.
The euro had briefly tumbled to $1.1098 -- its lowest level since September 2003 -- in Asia on Monday, owing to fears the poll result could lead to a Greek exit from the euro zone.
The single currency eased to 132.85 yen from 133.12 yen in US trade, although it is still up from levels below 132 yen on Monday in Japan.
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