 Track and analyse performance of all BSE sectoral indices and other global indices on a single page. Full Coverage Rupee notes of different denominations are seen in this picture illustration taken in Mumbai April 30, 2012. Credit: Reuters/Vivek Prakash/Files
Reuters Market Eye - The rupee is at a new six-month low on global dollar strength after Bernanke testimony, says a dealer. The rupee is at 55.77/78 after falling to 55.86, last closed at 55.46/47. The USD/INR pair has a resistance at 55.89, a break of which may open the way for 56. Dealers say a large private refiner seen selling dollar in early session. Most emerging Asian currencies on Thursday fell as a weak China manufacturing survey increased concerns over the world's No.2 economy, adding to pressure on regional units generated by prospects of reduced inflows if the Federal Reserve scales back its stimulus. See Local stocks will be watched with State Bank of India and Tata Steel (TISC.NS) reporting March quarter earnings later in the day. (Reporting by Subhadip Sircar)
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.  via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGtwn_DddA-o4qfZ3TASfk6hP2Hng&url=http://in.reuters.com/article/2013/05/23/markets-india-rupee-dollar-forex-idINDEE94M01V20130523 | |||
| | |||
| | |||
|
Thursday, 23 May 2013
Rupee pulls off 8-1/2 month lows as exporters sell - Reuters India
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment