For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Rupee trades marginally lower in line with equity markets

|

 Rupee trades marginally lower in line with equity markets
The rupee was trading marginally lower, after witnessing bouts of volatility in the last few trading sessions. The currency was following equity markets and dropped to 53.54, against Monday's close of 53.48.

Dealers believe that the forex markets like the equity markets are expected to remain steady, after the euphoria over a slew of reform measures gradually dies down.

 

A drop in the prices of crude oil also augurs well for the country, as bulk of the dollar requirement is for imported crude.

GoodReturns.in

Read more about: currency
Story first published: Tuesday, September 25, 2012, 10:58 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X