Rupee lower; risk aversion rules

Tags: Rupee, News
The rupee is trading lower at 62.13/14 versus Monday's close of 62.04/05, tracking global dollar gains against emerging FX.

Most Asian currencies like won and rupiah trading with losses.

Dealers say the USD/INR pair may move up as it has been unable to break a support of 61.80 on downside.

Dollar index up 0.08 pct.

Data watch: India may release February trade data at 12.30 pm.

The yen held onto chunky gains early on Tuesday, having been squeezed higher as skittish investors dumped riskier assets amid tensions over Russian military intervention in Ukraine.

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E-mail ID will not be published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

  • Not the best gift for Modi, but bypoll result may not affect BJP in long run

    In India’s hardball political landscape, there is little place for anyone to rest on their laurels, not the least if you are a successful prime mini

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

M S Swaminathan

Scientific and field level know-how

Recently addressing the scientists of the Indian Council of Agricultural ...

Rajgopal Nidamboor

How synchronous empathy helps us

All of us are in an undulating ‘hypnotic’ state. A ...

Dharmendra Khandal

The peculiar possibilities of animal poop

You can tell a lot about an animal by its ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture