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Home International Customs India

Indian rupee continues its fall for 5th day, down by 12 paisa against dollar

byMonitoring Report
12/12/2014
in India
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MUMBAI: The rupee continued to fall for fifth day and lost 12 paisa against the dollar in early trade at a fresh 10 month low of 62.45 today at the Interbank Foreign Exchange due to sustained demand for the American unit from importers.
Forex dealers said apart from dollar’s gains against other currencies overseas on upbeat US retail sales data, increased demand from oil importers for the American currency kept pressure on the rupee but a higher openin ..

Tags: 10 month low of62.4512 paisadollarfallinterbank Foreign ExchangeRupee continues

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