Web Sify
Follow us on
Mail
Print

Rupee falls tracking weak regional sentiment

Source : REUTERS
Last Updated: Mon, Jan 28, 2013 05:21 hrs
An employee sorts Indian currency notes at a cash counter inside a bank in Agartala

The rupee falls to 53.90/91 versus its Thursday's close 53.68/69 tracking weakness in most Asian currencies versus the dollar.

Most regional shares also trading weaker but traders expect bunched-up dollar flows from Friday to be sold around 53.95-54.00 levels, limiting sharper gains beyond that level.

Forex and debt markets were closed on Friday for a local holiday.

Domestic sharemarket movements to be watched for direction during the day. Shares currently trading up 0.1 percent.





More from Sify:
blog comments powered by Disqus
most popular on facebook
talking point on sify finance