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Update at 1600 hrs (IST)


Markets
Rupee declines against dollar

MUMBAI: The rupee depreciated by 13 paise against the dollar today, as the American currency strengthened against other major currencies.

In the early trade at the Interbank Foreign Exchange (Forex) market, the domestic unit was trading at Rs 45.70 a dollar against the previous close of Rs 45.57/58 following heavy selling of dollar by exporters and some banks.

Dealers said the dollarís gains against other currencies overseas and month-end demand for the American currency weighed on the rupee sentiment. ó PTI

Prev: Forex Rates
Next: Simbhaoli ties up with UK co to set up Rs 228-cr refinery


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