For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Rupee scales past 62 levels on weak equity sentiments

|

 Rupee scales past 62 levels on weak equity sentiments
The rupee scaled past the 62 level mark on weakish equity sentiments, as investors worried over the debt ceiling in the US. Read more about the debt ceiling here
 

The rupee was last trading at 62.13 to the dollar. The rupee has been steady in the last few trading sessions and the RBI has now reduced liquidity measures unveiled in July to stem the slide of the rupee.

On Monday it reduced the marginal standing facility for banks to 9 per cent.

Dealers say that the rupee is likely to drop, unless there is a resolution to the US debt ceiling crisis. Equity sentiments were also weak with the Sensex and the Nifty expected to open soft in trade. Check currency rates here

GoodReturns.in

Read more about: dollar
Story first published: Wednesday, October 9, 2013, 9:11 [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
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more