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.

EDITORIAL OF THE DAY

  • PSU banks can take a lesson from their private peers on disclosures

    The country’s top private lenders ICICI Bank and Axis Bank declared their fourth quarter earnings recently and both stepped up their asset quality d

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Tushar Gandhi

An unexplored side of rural enterprise

What is rural enterprise? Ask this qu­estion and 9 out ...

Rajgopal Nidamboor

Timeless idiom of mindful living

Each of us, according to scholar-historian Felipe Fernandez-Armesto, is familiar ...

Dharmendra Khandal

So, how do we define a 'vermin'?

These days there’s an ongoing debate whether to declare various ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture