Rupee edges down on oil, defence payments

Tags: News
The rupee is trading lower at 60.19/20 from Wednesday's close of 60.07/08, as dollar demand from banks for oil and defence related payments counters gains in the local share market.

The BSE Sensex is up 0.04 percent on caution ahead of earnings of key blue-chip companies later in the day.

Asian currencies trading mixed against the dollar, with most stronger.

Traders expect the market to remain range-bound, between 60.00-60.30 for the session.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • After euphoric rally, Q4 numbers will show the ugly belly of India Inc

    In the last one year, equity indices have clocked spectacular gains.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Today's Columns

Taslima Nasreen

Where priorities play googly

Many say that to keep India’s hopes alive in the ...

Purnendu Ghosh

Be afraid of how you spend your anger

To develop a cost effective product in a techno-bulged industry ...

Shona Adhikari

Anjolie Ela Menon, the storyteller, is back

Anjolie Ela Menon, one of India’s most celebrated artists, is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture