The Hindu : Rupee ends mildly lower

Online edition of India's National Newspaper
Friday, November 02, 2001

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Business \| Previous \| Next Rupee ends mildly lower MUMBAI, NOV. 1. Rupee ended mildly lower against the U.S. currency today on light dollar demand from state-owned banks in quiet, range-bound trade at the interbank foreign exchange market. The Indian unit closed at Rs. 47.9900/9950 a dollar, a further one paisa decline from Wednesday's finish of 47.9800/9850 after trading in a narrow groove of 47.9850 and 48.0050 in muted business. It opened at 47.99/48.00. The rupee lost around half paisa yesterday. Scattered dollar demand from public sector banks exerted mild pressure on the rupee in a spot trade that lacked clear market direction. Volumes were also thin. - PTI Send this article to Friends by E-Mail
Section : Business Previous : Bullion rates Next : ITC leads rally, Sensex up 60 points
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Copyright © 2001 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu

Front Page \| National \| Southern States \| Other States \| International \| Opinion \| Business \| Sport \| Miscellaneous \| Magazine New \| Open Page New \| Education New \| Business New \| SciTech New \| Entertainment New \| Classifieds \| Employment \| Index \| Home

Business \| Previous \| Next Rupee ends mildly lower MUMBAI, NOV. 1. Rupee ended mildly lower against the U.S. currency today on light dollar demand from state-owned banks in quiet, range-bound trade at the interbank foreign exchange market. The Indian unit closed at Rs. 47.9900/9950 a dollar, a further one paisa decline from Wednesday's finish of 47.9800/9850 after trading in a narrow groove of 47.9850 and 48.0050 in muted business. It opened at 47.99/48.00. The rupee lost around half paisa yesterday. Scattered dollar demand from public sector banks exerted mild pressure on the rupee in a spot trade that lacked clear market direction. Volumes were also thin. - PTI Send this article to Friends by E-Mail
Section : Business Previous : Bullion rates Next : ITC leads rally, Sensex up 60 points
Front Page \| National \| Southern States \| Other States \| International \| Opinion \| Business \| Sport \| Miscellaneous \| Magazine New \| Open Page New \| Education New \| Business New \| SciTech New \| Entertainment New \| Classifieds \| Employment \| Index \| Home
Copyright © 2001 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu