Rupee falls by 7 paise to 46.72 per US dollar on Wednesday 28 July 2010
Written by admin on July 28th, 2010 in Uncategorized.
India Wednesday 28 July 2010 : The rupee today declined by seven paise to 46.72 per US dollar, against its last close of 46.65, in the opening trade, on the dollar’s gains against other major currencies, traders at the Interbank Foreign Exchange (FOREX) said.
A narrow movement was seen in the domestic unit as it recorded the intra day’s low and high at 46.68 and 46.74 against the US currency.
Currently, it was trading at 46.71 per US Dollar. The lackluster trading in euqity market and month-end dollar demand from importers put pressure on the rupee, traders informed.
The domestic unit had surged by 40 paise to 46.65/66 a dollar in the previous session.