Re Ends Lower At 40.99/$

Mumbai: The rupee weakened by almost eight paise and closed at 40.99/41 against the greenback due to weak domestic stock market. The home currency opened at 40.97, touched an intra-day low of 41.06 to finally close at 40.99/41, against the previous close of 40.92/93 on June 26. The six-month forward premia is at 3.34 per cent (2.97 per cent) and 12-month premia is at 3.03 per cent (2.81 per cent).