Showing posts with label dollar gains. Show all posts
Showing posts with label dollar gains. Show all posts

Tuesday, May 4, 2010

Rupee extends drop on weak shares; dollar gains

Rupee extends

The rupee comprehensive its decline in afternoon trading Monday on the back of losses in domestic share and broad strength in the dollar alongside major currencies abroad.

Per 1 pm, the partially exchangeable rupee at 44.59/60 per dollar, weaker than the preceding close of 44.5150/5250. The directory of the dollar alongside six major currencies was up 0.4 percent.