The rupee weakened to a near six-month low largely driven by weakness in the euro and import-related dollar demand.
Mumbai: The rupee weakened to a near six-month low on Tuesday, largely driven by weakness in the euro and import-related dollar demand that traders attributed to a private refining company.
At 04:45 pm IST, the rupee was at 55.37/38 versus its Monday close of 55.10/11.
It fell to 55.41 during the session, a level last seen on November 29, 2012.
Comments
0 comment