×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Rupee eases as market concerned about inflows

Rupee eases as market concerned about inflows
Comment E-mail Print Share
First Published: Tue, Feb 19 2008. 10 13 AM IST
Updated: Tue, Feb 19 2008. 10 13 AM IST
Mumbai: The rupee eased a touch against the dollar on Tuesday, with the prospect of waning capital inflows amid jittery global risk appetite, weighing on investors.
At 9:05 a.m., the partially convertible rupee was at 39.80/81 per dollar, losing ground from the previous finish of 39.775/785.
India’s benchmark share index fell 0.4% on Monday, snapping a three-day winning streak.
Asian stocks made a brisk start on Tuesday as investors sought undervalued bank shares and exporters, that could gain from a modestly stronger dollar.
Comment E-mail Print Share
First Published: Tue, Feb 19 2008. 10 13 AM IST
More Topics: Markets | India | Rupee | Dollar | Money Matters |