Strong month-end dollar demand from importers, mainly from oil refiners, affected the rupee value
The domestic currency has gained by four paise or 0.06% in two days
Increased demand for the dollar from importers added to pressure on the rupee
The domestic currency had dropped 15 paise or 0.22% yesterday
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 96.89 and 61.12 per 100 yens, respectively
Fresh selling of the American currency by exporters helped the value of the rupee
The offshore traders are expecting the rupee to breach its record low of 68.87 a dollar
According to a forex dealer, even the persistent rise in equity market failed to restrict the rupee's fall
Increased demand for the US currency from importers weighed on the rupee
Fresh selling of the US currency by banks and exporters helped the value of the rupee
The domestic currency lost 40 paise or 0.58% in two days