Rupee lower for third session; oil demand eyed
Feb 08 2013 , Mumbai
Private bank dealer says 53.20 should hold on downside with 53.58-61 first resistance and 53.75-78 next level to watch.
The euro hovers near a two-week low on Friday after the ECB chief said on Thursday he would monitor the impact of the currency's strength, making more straightforward remarks on the exchange rate than many had expected.
The government raised $2.15 billion by selling shares in NTPC, with more than half of shares on offer bid by foreigners. Stake sales in four more companies are likely by March.