LD RUPEE 2 LAST

The Reserve Bank of India, however, fixed the reference
rate for the US dollar at Rs 47.15 and for the euro at Rs
69.86.

Rupee premiums on the forward dollar ended further lower
on sustained receiving by exporters.
The benchmark six-month forward dollar premium payable in
April ended down at 71-73 paise from 74-76 paise on Tuesday
and far-forwards maturing in October closed lower at 141-142
paise from 145-147 paise previously.
In cross-currency trade, the domestic currency remained
weak against the pound sterling and Japanse yen.
The rupee softened further against the pound to end at Rs
77.15/17 per pound from Tuesday's close of Rs 76.94/66 and
also slumped against Japanese yen to end at Rs 51.99/52.01 per
100 yen from Rs 51.02/04 previously.
It eased against euro to end at Rs 69.86/88 per euro from
its last close of Rs 69.80/82. PTI VMP
ANU


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