Rupee falls to 50.02 against dollar
April 9th, 2009 - 10:31 pm ICT by ANI ( Leave a comment )Mumbai, Apr 9 (ANI): The Indian Rupee on Thursday depreciated to an all time low of 50.02 against the US currency.
It had ended at 50.20 on Wednesday.
Indian shares rose 0.6 percent on Thursday to a six-month closing high.
The benchmark 30-share BSE index has risen 12.9 percent in six sessions, and is up over 34 percent from its 2009 low hit on March 6.
Foreign fund flows have been a key factor for the rupee’s fortunes. Last year foreigners were net sellers of more than 13 billion dollars of stocks, and the rupee fell 19 percent.
Offshore one-month rates were quoting at 50.14/50.24 per dollar, slightly weaker than the onshore spot rate. (ANI)
- Rupee to stay volatile on uncertain economic outlook - Dec 18, 2011
- Rupee falls below 52 against dollar - Nov 21, 2011
- RBI may revise inflation projection - Dec 08, 2011
- Sensex recovers from two-year low but closes 365 points down - Nov 23, 2011
- RBI may not hike rates as growth slows - Dec 15, 2011
- RBI may not hike rates as growth slows (Roundup) - Dec 15, 2011
- IT stocks drag Sensex 138 points lower (Roundup) - Jan 12, 2012
- India's forex reserves rise by $731.8 million - Jan 28, 2012
- Ahead of monetary policy review, Sensex closes dull - Dec 15, 2011
- India's external debt soars to $296 billion - Dec 31, 2010
- Sensex hits six-week low on European debt woes - Nov 17, 2011
- Sensex recovers to close 132 points higher - Dec 13, 2011
- Moody's upgrade India's ratings, Sensex soars - Jan 10, 2012
- Srei Infra's Q3 net slips by 51.8 percent - Feb 03, 2012
- India's external debt rises to $326.6 bn - Dec 30, 2011
Tags: billion dollars, currency, foreigners, fortunes, fund flows, indian rupee, indian shares, sessions, stocks
