Rupee edges lower; Asian currencies weak

Tags: Rupee, News
The rupee is marginally lower at 62.14/15 versus it Friday close of 62.12/13.

"The dollar is looking biddish as some pressure is seen on Asian currencies," says the chief dealer with a private bank.

Tips 62.05-62.30 range for the session.

Most Asian currencies including won, baht and rupiah showing weakness.

The euro held steady against the dollar, retaining its gains made late last week as political unrest in Ukraine showed signs of settling down for the time being.

Asian stocks dropped and the dollar firmed as investors looked past the Group of 20's latest commitment to spur faster global growth and turned their focus back to the impact of the U.S. Federal Reserve's stimulus withdrawal.

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E-mail ID will not be published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

  • For those who are left to survive a war-torn world, let there be peace

    The hunger games have begun, and they have started reaping our children. There is no way around it.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Shifting sands in the Far East

As was to be expected, Japanese prime minister Shinzo Abe ...

Zehra Naqvi

When humanity died, bestiality prevailed

The terrorist attack that killed 132 children in Peshawar has ...

Bubbles Sabharwal

Why self-esteem must be your best friend forever

Two negatives do make a positive! Imagine no doubts, no ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture