| Date: |
20-06-2011 |
| Subject: |
Indian Rupee Down On Local Share, Euro Losses |
|
MUMBAI: The rupee was down on Monday tracking losses in domestic shares and losses in the euro.
* At 9:23 a.m., the partially convertible rupee was at 44.90/91 per dollar, weaker than 44.86/87 per dollar at close on Friday.
* Indian shares were flat to lower on Monday, amid shaky Asian peers, and shares in mobile operator Reliance Communications and utility Reliance Infrastructure
, controlled by billionaire Anil Ambani, dropped on exclusion from the main index.
* The euro edged lower on Monday, giving back some of the gains it made late last week, as euro zone finance ministers postponed a final decision on extending the next tranche of Greek bailout funds to early July.
* The euro was trading at $1.4260, weaker than $1.4269 at the time of the local market close on Friday.
Source : economictimes.indiatimes.com
|