by Admin 2012-11-27 | Like 9 |2086 Views

Rupee continues decline for 5th day, at 55.45/dollar

Rupee continues decline for 5th day, at 55.45/dollar

The Indian rupee continued to decline against the American currency for the fifth day in the early trade on persistent dollar demand from banks and importers on the back of higher dollar in the overseas market.

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The rupee hit 56.60 against Thursday\'s close of 56.38-39 and is trading at its lowest since June 29, 2012. This is the fourth straight session of decline for the Indian currency, which has seen tremendous pressure amid the strengthening of the dollar.

Rupee hits 11-month low of 56.60 against...

Description : The rupee hit 56.60 against Thursday\'s close of 56.38-39 and is trading at its lowest since June 29...

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Indian rupee hit a new record low of 57.37 in morning trade, after opening at 57.25 per dollar on Monday as against Friday\'s closing of 57.06 a dollar.

BSE Sensex opens 130 points higher, rupe...

Description : Indian rupee hit a new record low of 57.37 in morning trade, after opening at 57.25 per dollar on Mo...

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Dealers said some bunched up inflows may provide support to the Indian rupee. The pair is seen consolidating around 53.85-54.10 levels.

Rupee opens weaker; inflows watched ...

Description : Dealers said some bunched up inflows may provide support to the Indian rupee. The pair is seen conso...

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The rupee declined for the fifth straight day against the dollar, marking its longest losing streak in over three months. It hit an over eight-month low of 55.92 against the greenback. The dollar-rupee pair has a resistance at 55.92, a break of which may open the way for 56. The rupee\'s fall has come despite strong foreign flows into stocks and debt markets this year.

Why the rupee has hit an 8-month low...

Description : The rupee declined for the fifth straight day against the dollar, marking its longest losing streak ...

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The rupee declined for fourth day in a row by losing 16 paise to Rs 52.88 per dollar in early trade on Wednesday, weighed down by dollar\'s gains overseas.

Rupee down 16 paise against dollar ...

Description : The rupee declined for fourth day in a row by losing 16 paise to Rs 52.88 per dollar in early trade ...

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The Indian rupee on Monday gained six paise to 54.31 against the US dollar in early trade at the Interbank Foreign Exchange market, on increased selling of the US currency by exporters.

The rupee had lost 15 paise to close at 54.37 on Friday on month-end dollar demand from importers and heavy capital outflows, amid weak local stocks.

Indian rupee up 6 paise against US dolla...

Description : The Indian rupee on Monday gained six paise to 54.31 against the US dollar in early trade at the Int...

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The rupee today plunged to hit its life-time low of Rs 57.70 in early trade on heavy dollar demand and the US currency strengthening against major rivals overseas. The currency seemed to be heading towards 58.

Forex dealers said a firming dollar against euro and other currencies in the global market on the back of better-than-expected US jobs report and strong demand for the American currency from importers mainly weighed on the rupee.

Rupee free fall to 57.70: experts say Ju...

Description : The rupee today plunged to hit its life-time low of Rs 57.70 in early trade on heavy dollar demand a...

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Reuters Market Eye - The rupee is trading at 56.36/37, after touching 54.3250, its highest since May 30, and higher versus its close of 56.44/45 on Tuesday.Traders say sentiment for the dollar weak after

Rupee near one-week high; RBI, governmen...

Description : Reuters Market Eye - The rupee is trading at 56.36/37, after touching 54.3250, its highest since May...

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The rupee depreciated by four paise to 60.47 against the US currency in opening trade today at the Interbank Foreign Exchange market due to dollar's gains against other currencies overseas.

Rupee down 4 paise against dollar in ope...

Description : The rupee depreciated by four paise to 60.47 against the US currency in opening trade today at the I...

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The currency trades at 54.18/19 per dollar versus previous close of 54.21/22, hitting an intra-day high of 54.15

Indian rupee trades flat in opening sess...

Description : The currency trades at 54.18/19 per dollar versus previous close of 54.21/22, hitting an intra-day h...

Tags : Indian rupee, dollar, currency, Sensex, ...