Rupee Fell Against The Greenback

The rupee fell against the greenback on month end dollar demand from importers. The domestic currency opened at 42.80/82 and reached a low of 42.97/ 98. It then bounced back to 42.89/90 but finally ended the day at 42.96/97. The currency had closed at 42.72/73 on May 26. In the forward premia market, the 6-month closed at 2.37 per cent and the 12-month ended at 1.75 per cent.