Indian rupee, after making a flat start and appreciating to one week high in intra-day trade, wiped out all its gains and ended weak against dollar on Thursday on bouts of dollar demand from importers. However, record-breaking run of local equities for yet another session and strength of other Asian currencies limited the losses of local unit. On the global front, euro held steady on Thursday as investors awaited details of a sovereign bond-buying programme that the European Central Bank is seen likely to announce later in the day.
Finally the rupee ended at 61.70, weaker by 7 paise from its previous close of 61.63 on Wednesday. The currency touched a high and low of 61.76 and 61.49 respectively.
Finally the rupee ended at 61.70, weaker by 7 paise from its previous close of 61.63 on Wednesday. The currency touched a high and low of 61.76 and 61.49 respectively.
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