The rupee was weaker in afternoon trade on Monday as dollar demand from importers and losses in the local stocks weighed but wariness about Reserve Bank of India intervention kept the rupee from falling further.
* At 3:59 p.m., the partially convertible rupee was at 46.50/56, 0.4 percent weaker than 46.75/76 at close on Friday. It fell to 46.86 in early trade, its weakest since Oct. 2, 2006.
* Sensex fell 3.35 percent on Monday to their lowest close in two months, as jittery investors braced for more foreign withdrawals after Lehman Brothers filed for bankruptcy protection.
* Foreign funds have pulled out $8 billion from Indian shares this year, compared with record inflows of $17.4 billion in 2007.
* Traders said the Reserve Bank of India had intervened in early trade by selling dollars through state-run banks when the rupee fell to 46 per dollar, preventing a further fall in the local unit.
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