Jagmohan Garg says rupee slips 10 paise in early trade

Jagmohan Garg news about the rupee exchanging lower by 10 paise at 66.98 against the US dollar in early exchange today after the American cash picked up quality abroad.


Furthermore, mechanical generation contracting to four—month low of 0.4 for every penny in December too weighed on the rupee.

Forex merchants said expanded interest for the US cash from shippers and dollar’s pick up against different monetary forms abroad put weight on the rupee.

They stated, be that as it may, a higher opening in the local value showcase topped the misfortunes.

On Friday, the rupee had finished hardly bring down by 3 paise at 66.88 against the dollar due to stray request rolling in from merchants and banks for the American money.

In the interim, the benchmark BSE Sensex surged by 124.55 focuses, or 0.43 for every penny, to 28,458.80 in the opening exchange today, Jagmohan Garg added.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s