Press Esc to close
Saturday 27 August 2016
News updated at 2:29 AM IST
Weather
Max: 27.6°C
Min : 21°C
In Bengaluru
Sunny day

Rupee drops by 30 paise vs dollar in late morning

Mumbai, Dec 21 , 2012 (PTI)

The Indian rupee dropped by 30 paise to 55.15 against the American currency in the late morning trade on good dollar demand from banks and importers in view of higher dollar overseas amdist fall in equity market.

The rupee resumed lower at 55.10 per dollar as against the last closing level of 54.85 per dollar at the Interbank Foreign Exchange (Forex) Market and dropped further to 55.25 per dollar before quoting at 55.15 per dollar at 1040 hrs.

It hovered in a range of 55.03 per dollar and 55.25 per dollar during the morning trade.
In New York market the US dollar recovered from earlier declines yesterday reclaiming its highest level against the Japanese yen since April 2011 after the Bank of Japan delivered an expected increase in the size of its quantitative-easing programme.

The Indian benchmark Sensex dropped by 95 points or 0.49 pct to 19,358.55 as Asian stocks fell after US House Republican leaders cancelled a planned vote that would permit higher taxes amid stalled budget talks.


Go to Top

Photo Gallery
A view floods at the banks of Ganga River at Daraganj area in Allahabad on Friday...

A view floods at the banks of Ganga River at Daraganj area in Allahabad on Friday...

An ariel view of Mysuru Palace on Friday...

An ariel view of Mysuru Palace on Friday...

Bollywood actress Chitrangada Singh and Regional Director Alok Srivastav launching Gionee phone...

Bollywood actress Chitrangada Singh and Regional Director Alok Srivastav launching Gionee phone...

Citizens hold placards and raise slogans to protest against the killing of civilians...

Citizens hold placards and raise slogans to protest against the killing of civilians...

A boy and a dog enjoy the shower after a BMC pipeline burst...

A boy and a dog enjoy the shower after a BMC pipeline burst...

Chief Minister V Narayanasamy accompanied by his cabinet colleagues pays floral tribute...

Chief Minister V Narayanasamy accompanied by his cabinet colleagues pays floral tribute...

First Batch of 6 elephants arrives to Mysuru Palace ahead of Dasara celebrations at Mysuru...

First Batch of 6 elephants arrives to Mysuru Palace ahead of Dasara celebrations at Mysuru...

Shramjeevi sanghatana tribal community protest against BJP goverment's Maharashtra Protection...

Shramjeevi sanghatana tribal community protest against BJP goverment's Maharashtra Protection...

Digital Playground at Arge Helios apartments, Hennur Bagalur Road...

Digital Playground at Arge Helios apartments, Hennur Bagalur Road...

Children dressed Radha Krishna on the occasion of Sri Krishna Janmashtami celebrations...

Children dressed Radha Krishna on the occasion of Sri Krishna Janmashtami celebrations...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523