Press Esc to close
Thursday 20 July 2017
News updated at 8:20 PM IST

Rupee drops by 30 paise vs dollar in late morning

Mumbai, Dec 21 , 2012 (PTI) 11:26 IST
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
BJP supporters celebrate the early lead of NDA presidential nominee Ram Nath Kovind in Patna on...

BJP supporters celebrate the early lead of NDA presidential nominee Ram Nath Kovind in Patna on...

Tamil farmers hit their heads with footwears during their protest for loan waiver and...

Tamil farmers hit their heads with footwears during their protest for loan waiver and...

Destitute and elderly survivors of Bhopal Gas Tragedy protest in front of the state assembly...

Destitute and elderly survivors of Bhopal Gas Tragedy protest in front of the state assembly...

Members of Human Rights Defence shout slogans against the Karnataka government over the transfer...

Members of Human Rights Defence shout slogans against the Karnataka government over the transfer...

People protest during the 'Shimla Bandh' and demand justice for teenage school girl who was raped...

People protest during the 'Shimla Bandh' and demand justice for teenage school girl who was raped...

Britain's Foreign Secretary Boris Johnson shakes hands with a humanoid robot Wabian2 at Research...

Britain's Foreign Secretary Boris Johnson shakes hands with a humanoid robot Wabian2 at Research...

Fire fighters try to break the glasses of an office building which caught fire in Kolkata on...

Fire fighters try to break the glasses of an office building which caught fire in Kolkata on...

An artisan works inside a workshop making idols of Hindu elephant god Ganesh, the deity of...

An artisan works inside a workshop making idols of Hindu elephant god Ganesh, the deity of...

A Kanwaria or devotee of Hindu god Shiva shelters from the rain in front of a poster of Lord...

A Kanwaria or devotee of Hindu god Shiva shelters from the rain in front of a poster of Lord...

Vijay, the famous White Tiger of Delhi zoo, at its enclosure in New Delhi on Thursday. The zoo...

Vijay, the famous White Tiger of Delhi zoo, at its enclosure in New Delhi on Thursday. The zoo...

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.