Rupee Declined Slightly

The rupee declined slightly against the greenback as corporates bought dollars. The domestic currency opened at 42.74-75 and touched an intra-day low of 42.91-92. It closed the day at 42.78-79, against the previous close at 42.74. In the forward premia market, the six-month closed at 2.57 per cent (2.46 per cent) and the 12-month ended at 1.88 per cent (1.80 per cent).