Go Ad-Free
    My Alerts
    Budget Express 2026

    co-presented by

    • JIO BlackRock

    ASSOCIATE SPONSORS

    • Sunteck
    • SBI
    • Emirates
    HomeNewsBusinessMarketsRupee falls; awaits global cues for direction

    Rupee falls; awaits global cues for direction

    The rupee is trading at 54.87/88 versus its previous close of 54.7150/72.50 as the risk rally in global market stalls. Traders now focussing on central bank meetings in Japan, Britain and the euro zone for signs of further monetary stimulus.

    March 07, 2013 / 10:30 IST

    The rupee is trading at 54.87/88 versus its previous close of 54.7150/72.50 as the risk rally in global market stalls. Traders now focussing on central bank meetings in Japan, Britain and the euro zone for signs of further monetary stimulus.

    The pair may hold in a range of 54.75 to 55.00 for the initial part of the day. Dollar demand from oil importers is likely to boost the pair. Most Asian currencies trading stronger compared to the dollar.

    Local shares trading are trading flat.

    first published: Mar 7, 2013 10:02 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347