Rupee weakens to close at 61.52 against dollar
The partially convertible currency opened at 61.345 a dollar and touched a low of 61.58
Mumbai: The rupee ended at 61.5213 per dollar, down 0.42% from its previous close of 61.2650. The partially convertible currency opened at 61.345 a dollar and touched a high and a low of 61.34 and 61.58, respectively
Since January this year, the rupee has weakened 10.61% and has lost the second most after Japanese yen among Asian currencies during that period.
The dollar index, which measures the US currency’s strength against major currencies, was trading at 79.681, up 0.03% from the previous close of 79.654.
India’s benchmark Sensex ended at 20893.89, up 0.05% or 11 points from the previous close.
The 10-year bond ended at 8.60%, up 0.53% from previous close of 8.554%. It opened at 8.554% and touched a high and a low of 8.602% and 8.544% respectively.
India call money rate ended at 9%, down 30.77% from previous close of 13%. It opened at 9.10 and touched a high and a low of 9.10% and 8.85% respectively.