Friday, 30 December 2011

Indian rupee trading today december 30 2011

forex trading outlook today - Indian rupee trading today december 30 2011 ; The Indian rupee today shed a marginal three paise to settle a roller-coaster 2011 at 53.10/11 against the US dollar. Forex dealers said sluggish dollar overseas and sustained capital inflows restricted the rupee's fall.

At the Interbank Foreign Exchange (Forex) market, the local currency commenced lower at 53.15/16 and later moved in a range of 53.36 and 53.02, before settling at 53.10/11.

In the calender year 2011, the rupee has crashed by 18.79 per cent. Dealers attributed the sustained fall in the rupee's value for major part of the year to the eurozone debt crisis.

how Indian rupee trading january 2012 ?

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