Rupee down 15 paise, ends at 48.78
The Indian rupee on Feb 16 fell 15 paise to close at 48.82/83 as compared to the greenback. At the Interbank Foreign Exchange (Forex) market, the domestic unit opened lower at 48.78/79 a dollar and slipped further to close at 48.82/83. Besides the weak equity markets, the closing of markets in for observing President Day Holiday, weighed on the domestic currency.
Meanwhile, the benchmark Sensex on the Bombay Stock Exchange fell over 320 points as interim budget presented today in Parliament turned out to be a non-event.
source: livemint.com
The Indian rupee on Feb 16 fell 15 paise to close at 48.82/83 as compared to the greenback. At the Interbank Foreign Exchange (Forex) market, the domestic unit opened lower at 48.78/79 a dollar and slipped further to close at 48.82/83. Besides the weak equity markets, the closing of markets in for observing President Day Holiday, weighed on the domestic currency.
Meanwhile, the benchmark Sensex on the Bombay Stock Exchange fell over 320 points as interim budget presented today in Parliament turned out to be a non-event.
source: livemint.com
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