The rupee hit a two-month low against the dollar, briefly breaching the 55 mark in early trade, but, recovered to trade at 54.93 to the dollar at 10.10 am IST.
Most of the Asian currencies were trading lower today led by losses in equities, after additional spending cuts in the US were signed by US President Barack Obama.
Fresh worries over a political stalemate in Italy and anti-austerity parties across Europe being favoured saw selling in Asian currencies.
The Indian rupee is expected to exhibit a weakish trend in line with other currencies and on sustained demand for the dollar from crude importers.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google