Today's Paper Archive Classifieds Subscriptions RSS Feeds Site Map ePaper Mobile Apps Social

Rupee declines

Share  ·   print   ·  

MUMBAI: The rupee ended at 44.27/28 a dollar on Wednesday, sharply lower from Tuesday's close of 44.21/22 on alternate bouts of dollar buying and selling, weighed down by a huge fall in equity markets.

Indian unit resumed 12.50 paise lower at 44.3350/3450 a dollar on fairly heavy dollar buying by banks.

The local currency traded in a range of 44.26 and 44.3650 during the day as most Asian currencies came under pressure following a meltdown in global equity markets. PTI



Recent Article in BUSINESS

DCB Bank posts Rs.151 cr profit in 2013-14

DCB Bank has reported a net profit of Rs.39 crore in the fourth quarter ended March 31, 2014, against Rs.34 crore in a year-ago period. I... »