SEARCH

Rupee loses 9.50 paise

print   ·   T  T  

MUMBAI: The Indian rupee lost 9.50 paise against the greenback at 39.76/77 on Wednesday, the lowest level in almost three months, on heavy demand for dollar despite a surge in stock markets.

The lowest level before this was recorded on November 28 last year at 39.80/81. The rupee premiums on forward dollar also fell sharply.

At the interbank foreign exchange market, the rupee moved in a range of 39.60 and 39.89.

The rupee had closed at 39.6650/6750 a dollar on February 12. — PTI


O
P
E
N

close

Recent Article in BUSINESS

Sensex and Nifty hit fresh peaks

Stocks on Friday notched up their best gains in three weeks with the benchmark Sensex surging 267 points and Nifty jumping by 75.45 point... »