300x250 AD TOP

Powered by Blogger.

Blog Archive

Blog Archive

Fashion

Ads Top

Labels

Random Posts

Flickr

Social Share

Recent comments

Labels

Popular Posts

Most Popular

Wednesday, 6 August 2014

Tagged under:

Rupee falls to near 5-month low; foreign funds pull out money

The fell to 61.33/34 after hitting 61.41, its lowest since March 14 and weaker than its 60.8450/8550 close on Tuesday.
 
Good buying was seen from foreign banks likely on behalf of clients looking to exit their equity and debt investments in India.
 
The Nifty was down 0.2% and will be watched for cues on fund flows.
 
The pair is seen moving in 61.10 to 61.40 range during the rest of the session.
 
Most Asian currencies were also trading weaker compared with the dollar.

0 comments:

Post a Comment