SEARCH

Rupee ends lower

print   ·   T  T  

MUMBAI: The rupee on Monday ended at 40.55/56 against the U.S. currency, cheaper by ten paise from Friday’s close of 40.4550/4650 due to sluggish equity markets and good dollar demand from oil refiners. In fairly active trade at the interbank foreign exchange market, the rupee moved in a range of 40.43 and 40.63 during the day after resuming steady at 40.45/47 amid strong possibility of a rate cut by the U.S. Federal Reserve. — PTI


O
P
E
N

close

Recent Article in BUSINESS

T. S. Raju to head HAL

The Public Sector Enterprises Selection Board, on Monday, named T. Suvarna Raju as the next Chairman of Hindustan Aeronautics Ltd. R. K.... »