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Monday, January 2, 2012

Rupee Drops By 30 Paise Vs Dollar In Early Trade

The rupee fell by 30 paise to Rs 53.40 per dollar in early trade today on sustained demand for the US currency from importers on the back of firm dollar in overseas markets.

The rupee resumed lower at Rs 53.30/31 per dollar on the Interbank Foreign Exchange, as against the last weekend’s level of Rs 53.10/11 per dollar, and moved down further to Rs 53.40 per dollar before quoting at Rs 53.33/35 per dollar at 1030 hrs.

From: http://ping.fm/8mGiP

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