Rupee trades marginally lower at 60.85 to the dollar

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts
    Rupee trades marginally lower at 60.85 to the dollar
    71.183 US Dollar
    The rupee was trading marginally lower against the dollar at 60.85, a marginal drop of 8 paise over Monday's close.

    The forex markets are likely to eye the RBI's Monetary policy due later today. Any dovish statements may continue to see gains for the rupee.

    The rupee has recovered this week after falling to its lowest levels in the last 3 months. Weak equity sentiments last week due to selling by foreign funds pushed the rupee lower.

    The rupee had exactly in August last year hit its lowest level against the dollar of 68.86. It has shown remarkable recovery since, on the back of recovery in the current account deficit and a stable government at the centre. check currency rates here

    Read more about: dollar rbi
    Story first published: Tuesday, August 5, 2014, 10:19 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    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