Rupee falls; flows watched

Tags: News
The rupee is trading at 60.43/44 versus its previous close of 60.3550/3650.

Index of the dollar against six major currencies trading up 0.05 percent.

Gains in the domestic share market may, however, limit a sharp fall in the rupee. The Nifty is trading up 0.19 percent.

Foreign investors bought shares worth $281.3 million on Thursday, as per provisional exchange data.

The European Central Bank cut interest rates and launched a large stimulus package for the flagging euro zone economy on Thursday.

Traders are now awaiting the U.S. nonfarm payrolls for further direction.

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E-mail ID will not be published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

  • Regional parties that brought diversity to Indian democracy are at a dead end

    In the two decades, which began in 1989, when the paradigm of coalition politics came to dominate central governments, it would have sounded far-fetch

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

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Kuruvilla Pandikattu SJ

What we can learn from agnosticism

As an agnostic, the American writer David Breeden is aware ...

Shona Adhikari

When women to birds become a painter’s muses

This week the focus is on renowned artist Amitabha Banerjee, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture