Business   

Rupee at new low

MUMBAI: The rupee ended further down at over one-week low of 40.87/88 against the U.S. currency on Monday on the back of sustained buying by importers and suspected intervention by the Central Bank. In active trade at the interbank foreign exchange market, the rupee opened slightly lower at 40.76/78 a dollar against Friday’s close of 40.75/76.

It weakened further to close at 40.87/88, a steep fall of 12 paise over the previous close. It moved in a range of 40.76 and 40.8950 a dollar. — PTI

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

33 p.c. independent directors favoured
New high in ONGC annual profit
‘Recast board of Punjab and Sind Bank’
L&T, BHEL hog limelight
Rupee at new low
Dell computers from Chennai unit soon
NTPC’s debut in equipment making
Bajaj launches new Pulsar
BHEL secures RINL contract
Depository Trust signs MoU with NSDL
IndusInd Bank to raise up to Rs. 400 cr.
Marg Constructions’ income up
Satyam gets contract extension from Nestle
New Executive Director for Ashok Leyland
Nahar Industrial recommends 10 p.c. dividend
Russian aluminium giant’s smelter in Siberia
HLL is now Hindustan Unilever
Zydus Cadila acquires Brazilian firm
BEML FPO price band at Rs 1,020-1,090
SEBI makes PAN sole identification number
Ranbaxy launches Pravastatin tablets in U.S.
Rosa Power achieves financial closure

Copyright © 2007, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu