ID :
88106
Fri, 11/06/2009 - 02:30
Auther :

RUPEE 2 LST

The Reserve Bank of India, however, fixed the reference
rate for the US dollar at Rs 47.13 and for the euro at Rs
69.98.
Rupee premiums on the forward dollar declined further on
sustained receiving by exporters.
The benchmark six-month forward dollar premium payable in
April ended down at 58-1/2-60-1/2 paise from 63-65 paise on
Wednesday and far-forwards maturing in October also finished
lower at 123-125 paise from 129-131 paise previously.
In cross-currency trade, the domestic currency recovered
marginally against the pound sterling but declined against
the euro and the Japanese yen.
The rupee moved up against the pound to finish at Rs
77.68/70 per pound from its overnight closing level of Rs
77.71/73 per pound, while fell against the euro to Rs 69.81/83
per euro from Rs 69.42/44 per euro Wednesday.
It also reacted downwards against the Japanese yen to end
at Rs 52.06/08 per 100 yen from its last close of Rs 51.82/84
per 100 yen. PTI

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