Press Esc to close
Saturday 25 April 2015
News updated at 11:34 AM IST
Weather
Max: 33.4°C
Min : 21.6°C
In Bengaluru
Sunny day
Breaking News

Rupee drops by 16 paise vs dollar in late morning trade

Mumbai, Apr 22, 2013, (PTI):

The rupee dropped by 16 paise to 54.12 against the American currency in the late morning trade on fresh dollar demand from banks and importers on the back of higher dollar in the overseas market.

The rupee resumed steady at 53.96 per dollar but declined immediately to a low of 54.12 at 1040 hrs at the Interbank Foreign Exchange (Foerx) Market here today.

Renewed dollar demand from banks and importers in view of higher dollar in the international market mainly affected the rupee against the dollar, a forex dealer said.

In Los Angeles, the US dollar rose against Japan's currency in the early trade, flirting with the 100-yen level after financial officials from the world's top economies refrained from criticising Japan's weakening of the yen through its monetary-policy programme.

Meanwhile, the Indian benchmark Sensex rose by 58 points, or 0.30 pct, to 19,074.29 in the late morning trade.


Go to Top

Photo Gallery
Uttarakhand Chief Minister Harish Rawat performing rituals at Kedarnath temple...

Uttarakhand Chief Minister Harish Rawat performing rituals at Kedarnath temple...

Long queue of devotees outside Kedarnath temple on the day temple doors were opened...

Long queue of devotees outside Kedarnath temple on the day temple doors were opened...

Large number of devotees throng Lord Shiva (Bharathwaj Eswarar-Swarnambigai) temple during...

Large number of devotees throng Lord Shiva (Bharathwaj Eswarar-Swarnambigai) temple during...

Pilgrims special prayers during 'Jumme ki namaz' at Dargah Khwaja Gharib nawaz in Ajmer...

Pilgrims special prayers during 'Jumme ki namaz' at Dargah Khwaja Gharib nawaz in Ajmer...

A supporter of Muslim League Jammu Kashmir (MLJK) shout slogans during a protest in Srinagar...

A supporter of Muslim League Jammu Kashmir (MLJK) shout slogans during a protest in Srinagar...

School students talking among themselves after their visit at Parliament in New Delhi...

School students talking among themselves after their visit at Parliament in New Delhi...

Workers spread red chilli to dry at the wholesale market in Nagpur, Maharashtra...

Workers spread red chilli to dry at the wholesale market in Nagpur, Maharashtra...

Police personnel showing skills during passing out parade in Rajasthan Police Training...

Police personnel showing skills during passing out parade in Rajasthan Police Training...

A giant whale found washed ashorein the south sea of Gulf of Mannar, in Mandapam...

A giant whale found washed ashorein the south sea of Gulf of Mannar, in Mandapam...

Forest officers trying to rescue a baby elephant with her mother from a waterbody...

Forest officers trying to rescue a baby elephant with her mother from a waterbody...

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