LD RUPEE 2 LAST

The Reserve Bank of India fixed the reference rate for
the dollar at Rs 45.82 and for the euro at Rs 62.61.

In cross currency trade, the domestic currency declined
against the pound, euro and Japanese yen.
The rupee reacted downwards against the pound to end at
Rs 69.07/09 per pound from overnight closing level of Rs
68.86/88 and the euro moved down further against the euro to
Rs 62.67/69 per euro from Rs 62.56/58 previously.
It, slipped against the yen to Rs 51.86/88 per 100 yen
from Wednesday's closing level of Rs 51.64/66.
The rupee premium for the forward dollar ended higher on
fresh paying pressure from banks and corporates.
The benchmark six-month forward dollar premium payable in
August close at 63-3/4-64-3/4 paise up, from 61-1/2-63-1/2
paise on Wednesday and far-forward maturing in February also
finished higher at 124-125 paise from 120-122 paise yesterday.
PTI SBP
MRD


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