Business   

Rupee extends losses against $

MUMBAI: The rupee on Wednesday extended the losses against the U.S. currency for the fourth straight day and fell sharply to close at a three-week low of 45.34/35 a dollar.

In active trading at the interbank foreign exchange market, the Indian unit opened flat at 45.17/19, but soon nosedived to a low of 45.3600. It later closed at 45.34/35, steeply lower than the previous close of 45.17/18. The rupee had finished at 45.3650/3750 on October 23.

Sustained foreign capital inflows in to the domestic stock market failed to boost rupee sentiment. — PTI

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

Stories in this Section

`Review rule on export proceeds'
Mahindra Holidays introduces vacation product for youngsters
Kalam suggests housing subsidy for the poor
Merrill Corpn. sets up subsidiary
Xenitis to launch motorbikes
Work on JK Cement's Karnataka unit to commence in December
Rupee extends losses against $
Sensex breaches 13500-mark
Commodities summit in Dubai
Operations begin at private IT park
Canara Bank launches deposit scheme for children
Tata Elxsi for bigger presence in Thiruvananthapuram
KTDC to construct hotel in Chennai
Exchange rates
Bullion rates
Shrimp: India to make fresh appeal in WTO
United Phosphorus to buy Cerexagri
Franklin Templeton to buy-out Indian arm
Tata Sons acquires stake in group cos.
Gulf Air begins chartered freighter services
MSN Hotmail upgrades storage capacity
Polaris launches new platform for U.S. market
iGate pact with Radian
D&B recognition for MRF
DSCL ties up with IEC
Kingfisher Airlines takes delivery of Airbus planes
Tata Tele adds one lakh customers in Oct.
Crayon Capital launches art fund
Karnataka Bank in non-life joint venture
Sai Advantium Pharma plans expansion
Wipro's `Personal computing' partner showroom
Tata Indicom installs coin box in private buses
SunTech's distinction
Basics introduces `Paisley prints'
CII session on `Central Excise and Customs'
`SBT Intel teens quiz' on November 18

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu