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

Jaitley's Health

REUTERS SHOWCASE

Alibaba IPO

Alibaba IPO

IPO ranks as world's biggest after additional shares sold   Full Article 

President-Elect

President-Elect

Ghani named Afghan president-elect after deal to end election dispute  Full Article 

G20 Meet

G20 Meet

G20 says nearing growth goal, but more needed from Europe  Full Article 

Asian Games 2014

Asian Games 2014

Full coverage of the 17th Asian Games as Incheon.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

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