MARKET
HEADLINES
Rupee rises 7
paise against dollar in early trade
The rupee strengthened by
seven paise to 62.12 against the US dollar in
early trade today at
the Interbank Foreign Exchange market on selling of
the American
currency by exporters.
Forex dealers said gains made by other
currencies against the US dollar
overseas and a higher opening in
the domestic equity markets also
supported the rupee.
The rupee had
ended 12 paise higher at 62.19 against the dollar in the
previous
session on Friday on the back of selling of the US currency by
banks
and exporters.
Euro gains ahead
of Greek debt talks
The euro edged up in Asia
on Monday ahead of key talks between Greece
and its international
creditors aimed at hashing out a last-minute debt
deal. The single
currency rose to $1.1416 from $1.1393 and to 135.38 yen
from 135.29
yen in US trading, with the common currency winning some
support
from better-than-expected eurozone growth data last week.
In Tokyo,
the greenback weakened to 118.58 yen from 118.74 yen in New
York on
Friday.
Russian rouble
stronger on fragile Ukraine truce
Russia's rouble
strengthened on Monday, underpinned by hopes that a
fragile
ceasefire in Ukraine would hold, easing tensions between Russia
and
the West.
At 0810 GMT, the rouble was 1.5 percent stronger against
the dollar at
62.53 and gained 1.3 percent to trade at 71.42 versus
the euro.
No comments:
Post a Comment