BackRupee closes 0.17% lower against dollar
The rupee closed at 61.9050 a dollar, down 0.17% from its previous close of 61.80
Premium
Mumbai: The Indian rupee closed weaker on the first day of the calendar.
At 61.9050 a dollar, the rupee was down 0.17% from its previous close of 61.80.
The global currency markets were largely closed for New Year holidays. According to foreign exchange dealers, the volume was normal and there was no unexpected volatility in the exchange rate. Currency dealers said the Reserve Bank of India was absent from the market
The partially convertible currency opened the day at 61.8350 a dollar and traded in the range of 61.82 and 61.9875 a dollar in the day.
Since January 2013 to till date, the rupee has weakened 11.16% and is the third highest loser among all Asian currencies.
India’s benchmark equity index Sensex ended at 21,140.48 points, down 0.14% or 30.20 points, from its previous close.
The yield on the 10-year bonds ended at 8.848%, up from its previous close of 8.825%.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
