Business   

Rupee breaches 46 mark to $

MUMBAI: Breaching the 46 a dollar barrier once again, the rupee slipped to 46.00/01 on Thursday, pulled down by hectic dollar demand from oil corporates and importers, despite healthy foreign institutional investment inflows and stable crude prices.

Declining by seven-and-half paise from Wednesday's close of 45.9250/9350, the rupee came under pressure from the onset of business after it opened weak at 45.94/95. Residual month-end dollar demand also spilled over to add to the rupee woes.

The domestic currency had last ended at 46.00/02 on September 29, 2004. — PTI

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

New tier of forex dealers suggested
PSE oil cos. slash ATF prices
Siemens sees in Indian arm a key contributor
Sensex recovers lost ground
ISO certification for hotel
HP BPO hiring
Insurance cover for four lakh coir workers
ICAR to prepare registry of cashew germplasm
VAT hits industry hard: chamber
National meet on medicinal plants
Sical to float rights issue
IOC banks on bonds to offset subsidy burden
CFL in talks with Mitsui for JV
ONGC asked to pay interim
Panel to study issues in data protection for drugs
Rupee breaches 46 mark to $
Exchange rates
Bullion rates
Court to hear RIL petition today
Bill Gates to visit India on Dec. 6
House panel approves bill to amend RBI Act
Randstad to buy stake in EmmayHR
TVS Motor's November sales up
Hero Honda cumulative sales up 14 p.c.
Ucal Fuel gets TS Certificate
IOB MoU for jatropha cultivation
Steel Strips Wheels bags Australian order

Copyright © 2005, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu