BusinessLogrBusinessLogr
  • Home
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Reading: Rupee extends losses for second day, down 10 paise
Share
Aa
BusinessLogrBusinessLogr
Aa
  • Home
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Follow US
© 2023 BusinessLogr News Network.
BusinessLogr > Economy > Rupee extends losses for second day, down 10 paise
Economy

Rupee extends losses for second day, down 10 paise

deep
Last updated: 2015/10/28 at 5:56 AM
deep Published October 28, 2015
Share
1 Min Read
SHARE
Rupee extends losses for the 2nd day, down 10 paise

The rupee exended losses for the second consecutive day against the American currency, slipped by another 10 paise to close at 66.46 per dollar on persistent dollar demand from banks and importers on the back of higher dollar in the overseas market.

Fresh foreign capital outflows also affected the market sentiment.

Foreign portfolio investors (FPIs) sold net Rs 910.85 crore worth of shares on Tuesday, according to provisional exchange data.

The domestic unit resumed lower at 66.40 per dollar as against Tuesday’s closing of 66.36 at the Interbank Foreign Exchange (Forex) market.

It hovered in a range of 66.3450 to 66.5075 during the day before ending at 66.46 per dollar, showing a loss of 10 paise or 0.15 per cent.

The currency has dropped by 13 paise or 0.20 per cent in two days.

Overseas, the US dollar firmed up against its major rivals in early Asian trade, buoyed by a rise in US yields after upbeat consumer spending data kept alive hopes that the US Federal Reserve would raise interest rates at its two-day meeting.

Meanwhile, the benchmark BSE Sensex rose by 258.04 points or one per cent to close at 25,963.97.

“source-businesstoday”]

You Might Also Like

body shop with loaner car

WHO says monkeypox has been spreading undetected as global cases rise to more than 550

FedEx Acquires TNT specific, method better delivery in Europe

Endurance International Completes Constant Contact Acquisition

BigCommerce, Xero Partnership adds Cloud Accounting to online Stores

TAGGED: down 10 paise, Rupee extends losses for, second day
deep October 28, 2015
Share this Article
Facebook Twitter Email Print
Share
Previous Article Why govt’s promise to end child labour by 2025 is ‘farcical’
Next Article World Bank warns emerging economies of big capital outflow

Most Viewed Posts

  • 20 Fitness Franchises: Planet Fitness and Beyond
  • Choosing the Right Legal Structure For Your Business
  • find a loan shark on craigslist
  • GoDaddy Launches SmartLine, Gives Your Small Business Its Own Phone Number
  • Is Author Marketing Club Worth It? Definitely

Most Viewed Posts

  • 20 Fitness Franchises: Planet Fitness and Beyond
  • Choosing the Right Legal Structure For Your Business
  • find a loan shark on craigslist
  • GoDaddy Launches SmartLine, Gives Your Small Business Its Own Phone Number
  • Is Author Marketing Club Worth It? Definitely

Recent Posts

  • Quotes About Betrayal on Life
  • How Can A Sign Advertising Boost Your Brand’s Visibility

© 2023 BusinessLogr News Network.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?