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Thursday, April 23, 2015

Rupee at 3-month low Thursday April 23,2015

 
The Rupee, on Thursday April 23,2015, plummeted to an over three-month low of 63.32 by losing 50 paise against the dollar on renewed demand for the American currency from banks and importers amid foreign capital outflows in the equity market.

 The domestic currency opened lower at 62.95 as against the last closing level of 62.82 at the inter-bank foreign exchange market and dropped further to 63.34 before concluding at 63.32, marking a loss of 50 paise

The rupee had last ended at 63.57 a dollar on January 6, 2015.

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