Rupee keeps losses as stocks fall

Tue Feb 5, 2013 1:14pm IST

A man uses an electronic machine to check an Indian currency note at a money exchange shop in Siliguri February 5, 2008. REUTERS/Rupak De Chowdhuri/Files

A man uses an electronic machine to check an Indian currency note at a money exchange shop in Siliguri February 5, 2008.

Credit: Reuters/Rupak De Chowdhuri/Files

Related Topics

Reuters Market Eye - The rupee keeping losses as local stocks remain in red, oil buying supports, say dealers. Pair at 53.34/35 vs 53.285/295 last close. It has traded in a 53.2050-53.42 band.

Pair earlier fell to a low of 53.2050, which dealers say was largely due to selling by a private petrochem company.

Dealers cite good two-way interest with some flow-related selling and subsequent oil buying.

Some selling may come in if pair rises to 53.45-53.48 levels, adds dealer.

(Reporting by Subhadip Sircar)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Global Trade Deal

Global Trade Deal

Rural votes, old traumas drive India's WTO brinkmanship.`  Full Article 

E-Commerce Funding

E-Commerce Funding

E-tailer Flipkart raises $1 billion in funding.  Full Article 

Chopper Deal

Chopper Deal

Finmeccanica settles with Italy prosecutors to end Indian chopper deal probe.  Full Article 

Adani Project

Adani Project

Australia approves Adani's $16 bln Carmichael coal project  Full Article 

New Frontiers

New Frontiers

EXCLUSIVE - Goldman moves executive to new role building ETFs.  Full Article 

India-U.S. Talks

India-U.S. Talks

Kerry to woo Modi's India, but quick progress unlikely  Full Article 

Argentina Debt Default

Argentina Debt Default

Insight - Jaded Argentines brace for looming debt default   Full Article 

Anti-trust Probe

Anti-trust Probe

Microsoft targeted in apparent Chinese anti-trust probe  Full Article 

Gaza Conflict

Gaza Conflict

Israel strikes house of Hamas Gaza leader, digs in for long fight.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage