TOP STORIES

Kejriwal hits out at Rahul, Modi

Amethi: Arwind Kejriwal today reached Congress bastion Amethi to campaign for AAP's Lok Sabha...... Read More >>

Only 7 per cent women candidates in TN poll fray

Chennai: Of the total 845 candidates in the fray for April 24 Lok Sabha elections in Tamil Nadu,...... Read More >>

MK lashes out at CJI's remark

Chennai: DMK chief M Karunanidhi said Chief Justice of India P Sathasaivam's indication that the...... Read More >>

Millionaire Maxwell promises better returns this IPL

New Delhi: He couldn't quite live upto the million-dollar price tag in the IPL last season but...... Read More >>

I was not calm inside: Duminy

Dubai: Holding his nerves under pressure, he played a gem of a knock to script Delhi Daredevils's...... Read More >>

MOST POPULAR

VIDEO

Rupee recovers 8 paise, trades at 63.02 Vs dollar

Tuesday, 28 January 2014
PTI

Mumbai: The rupee recovered by eight paise to 63.02 against the American currency in late morning trade today on fresh selling of dollars by banks ahead of the RBI policy meeting today amidst firm equity market.

The rupee resumed lower at 63.15 per dollar as against the yesterday's closing level of 63.10 at the Interbank Foreign Exchange (Forex) Market on initial demand for the US currency from banks and importers in view of strong dollar overseas.

However, it recovered afterwards to 62.98 on fresh selling of dollars by banks before quoting at 63.02 per dollar at 1045 hours.

It moved in a range of 62.98-63.18 per dollar during the morning deals. In the New York market, the US dollar recovered from a nearly two-month low against the Japanese yen yesterday, even as the greenback remained vulnerable to major rivals amid heightened worries about risk in emerging markets.

Meanwhile, the Indian benchmark BSE-30 share index Sensex firmed up by 47.19 points or 0.23 per cent in the late morning trade.


      

Today's E-Paper

Polls

Who will get majority in Lok Sabha Polls?