Rupee lower; stocks trading with minor gains

Tags: Rupee, News
The rupee falls, trading at 61.98/99 versus Tuesday's close of 61.9350/9450.

A large state-run bank is on bid side, says dealers, likely to meet month-end importer requirements.

The USD/INR pair is likely to trade sideways in 61.70-62.20 band.

The yen was broadly firmer early on Wednesday, following a generally lacklustre session that saw investors give the dollar a wide berth on the back of a decline in U.S. Treasury yields.

Local stocks trading with minor gains, up 0.3 percent.

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E-mail ID will not be published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