Press Esc to close

Rupee edges up on bunched up dollar inflows

Oct 25, 2012 , Reuters Market Eye - 12:46 IST
The rupee edges up to 53.63/64 versus its previous close of 53.74/75 as bunched up dollar inflows help offset the demand seen from importers looking to meet month-end commitments.

"Good inflows being seen as yesterday was a holiday. Oil demand is there, but not much. Broadly there are more sellers than buyers today," a dealer with a state-run bank said.

The BSE Sensex is up 0.3 percent.

Traders say broad losses in the dollar versus major currencies hurting sentiment for the pair. The pair expected to hold in 53.45 to 53.80 range rest of the session.

Go to Top

Photo Gallery
Afternoon light fades behind the warmly lit royal crematorium and funeral complex for the late...

Afternoon light fades behind the warmly lit royal crematorium and funeral complex for the late...

In this image from video made available by NASA, astronaut Joe Acaba performs a spacewalk outside...

In this image from video made available by NASA, astronaut Joe Acaba performs a spacewalk outside...

Bollywood actor Salman Khan along with his father Salim Khan, brother Arbaz Khan are seen as...

Bollywood actor Salman Khan along with his father Salim Khan, brother Arbaz Khan are seen as...

Prime Minister Narendra Modi offering prayers at Kedarnath in Uttarakhand on Friday...

Prime Minister Narendra Modi offering prayers at Kedarnath in Uttarakhand on Friday...

Women constables of Border Security Force (BSF) light candles along the border fence to celebrate...

Women constables of Border Security Force (BSF) light candles along the border fence to celebrate...

Nihang or Sikh religious warriors display their skills as they ride on a pair of horses during...

Nihang or Sikh religious warriors display their skills as they ride on a pair of horses during...

India's cricket team captain Virat Kohli with teammates during a practice session ahead of their...

India's cricket team captain Virat Kohli with teammates during a practice session ahead of their...

Wrestlers in action during a wrestling competition in Mirzapur on the occasion of Govardhan...

Wrestlers in action during a wrestling competition in Mirzapur on the occasion of Govardhan...

People watch cracker druing Diwali festival in Kolkata on Thursday evening...

People watch cracker druing Diwali festival in Kolkata on Thursday evening...

First lady Melania Trump donates her inaugural gown, designed by Herve Pierre, to the First...

First lady Melania Trump donates her inaugural gown, designed by Herve Pierre, to the First...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.