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Sensex 73,583.22 -2.25% ↓ Nifty 22,819.60 -2.09% ↓ 22k Gold ₹ 13,575/gm Silver ₹ 2,45,000/kg Petrol ₹ 103.54 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 105.02 USD ₹ 94.78
Sensex 73,583.22 -2.25% ↓ Nifty 22,819.60 -2.09% ↓ 22k Gold ₹ 13,575/gm Silver ₹ 2,45,000/kg Petrol ₹ 103.54 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 105.02 USD ₹ 94.78
Home News Commentary
Rupee drops 14 paise in early trade
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The Indian rupee dropped 14 paise in early trade on weak global cues and after the Federal Reserve maintained a lesser dovish tone after its Open Market Committee Meet.

The rupee was last trading at 61.38, a drop of 14 paise over Wednesday's close of 61.24.

The rupee has seen a sharp recovery in the last few weeks after hitting a record low of 68.81 earlier this year. Reserve Bank of India intervention and government policies have ensured a recovery in the rupee.

Dealers say the rupee is likely to stay rangebound in the coming weeks and will now await global cues. Check rupee rates here

GoodReturns.in

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Story first published: Thursday, October 31, 2013, 9:09 [IST]
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