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Rupee down 19 paise to 45.20 on month-end dollar demand

Last Updated : 28 September 2010, 08:15 IST
Last Updated : 28 September 2010, 08:15 IST

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At the Interbank Foreign Exchange (Forex) market, the domestic unit resumed lower at 45.05/07 per dollar as against the overnight closing level of 45.01/02 per dollar and moved down further to 45.20 per dollar.

It moved in a range of 45.05 per dollar and 45.20 per dollar. Forex dealers said that month-end demand for dollars from importers, mainly oil refiners, weighed on the rupee against the dollar.

Crude Oil was lower in Asia today, tracking early trading losses in regional equity markets, they added. New York's main contract, light sweet crude for November delivery fell 29 cents to USD 76.23 a barrel.

Meanwhile, the Indian benchmark Sensex today fell by 12.78 points, or 0.06 per cent to 20,104.60 level in the early morning trade amid weak global cues.

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Published 28 September 2010, 08:15 IST

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