Re Ends Marginally Lower At 42.08/$

Mumbai: The rupee weakened by around six paise on April 19, on profit booking by traders. The currency opened at 42.05/07, reached an intra-day low of 42.20 and finally closed at 42.07, against the previous close of 42.01. The rupee is hoped to reach 42.40 in the next week. The six-month forward premia ended at 6.10 per cent (6.28 per cent) and the 12-month forward premia at 4.68 per cent (4.78 per cent).