Rupee trims losses vs dollar, still down by 25 paise

The Indian rupee wiped off some of its initial losses against the US dollar but was still trading down by 25 paise to 61.52 per dollar following good demand for American currency from banks and importers on the back of higher dollar in overseas market.

The rupee resumed at 61.39 per dollar as against the last closing level of 61.27 per dollar at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.66 per dollar on good dollar buying.

However, it recovered afterwards to quote at 61.52 per dollar at 1040hrs on some dollar selling by exporters in view of firm equity market.

It moved in a range of 61.39-61.66 per dollar during the morning deals.

In the global market, the US currency rose in its early trade with the yen losing ground after a report that Japan will look into cutting corporate taxes, while the greenback looked to U.S. retail sales to reinforce expectations that monetary stimulus will soon be reduced.
source:http://businesstoday.intoday.in/story/indian-rupee-vs-us-dollar-forex-markets-on-aug-13-2013/1/197730.html

Comments

Google Pixel, Pixel XL pre-orders open: Here are the unique features

Google Pixel, Pixel XL pre-orders open: Here are the unique features Google Pixel and Pixel XL smartphones are available on Flipkart for pre-order. And it looks like Google is only bringing the ‘Quite Black’ colour variant to India for now, with ‘Very Silver’ and ‘Really Blue’ both not available in India yet. Google Pixel and Pixel XL with their premium pricing are set to compete with the likes of Apple iPhone 7, iPhone 7 Plus, Samsung Galaxy S7 and Galaxy S7 edge. Google Pixel and Pixel XL are first ‘Made by Google’ smartphones, and come with Google Assistant in-built, which is also the highlight of the devices. Honor 8 First Look Video Google Pixel and Pixel XL have a aluminum and glass design. Google Pixel is priced at Rs 57,000 for 32GB version in India. The 128GB variant of Google Pixel costs Rs 66,000. Google Pixel XL is available at Rs 67,000 for 32GB stor...

MS Dhoni’s return catch was big moment in the match: Kane Williamson

MS Dhoni’s return catch was big moment in the match: Kane Williamson New Zealand skipper Kane Williamson lauded his bowlers for drying up the runs during India’s chase in the second ODI here, terming Mahendra Singh Dhoni’s brilliant return catch by Tim Southee as a “big moment” in the match. When asked about how the bowlers and fielders responded while defending a low total, Williamson said: “Someone like MS Dhoni, he can finish matches when he is allowed to play his shots. He is the best in the world. That catch was big for us.” Williamson was happy with the manner his bowlers responded on a tricky surface and also gave an insight to how some adjustments led to the Indian skipper playing 37 dot balls. “On this kind of a surface (Kotla), scrapping was important. You needed to put the ball in areas where it’s tough to get away and try and build that pressure. It was an extremely good effort considering that the ball was damp due to dew factor...

Make self control freak talk

Make self control freak talk!!!!! Make him talk http://www.selfcontrolfreak.com/word.html

Techno Tube...

Search This Blog