Posts tagged rupee

Weekly currency update June 5, 2010

  • USDINR Update
  • The partially convertible rupee ended at Rs 47.27 per dollar, depreciating about 2% for the week. The rupee weakened as the euro’s weakness triggered a bout of dollar buying by importers, but a stronger performance of the stock markets limited the local currency’s losses.
  • Earlier on Tuesday, the rupee fell More >

Weekly crude oil and currency update May 29, 2010

Crude Oil

Crude oil traded with a negative bias towards the beginning of the week and touched a weekly low of $67.15 per barrel in the near term contract on NYMEX. But thereafter it regained all of the lost ground rising $2.76 on Wednesday and $3.04 on Thursday. Crude prices finally closed More >