Tuesday, August 19, 2008

Rupee Ends Against Dollar - Aug 19, 2008

The rupee lost nearly 60 paise against the greenback on Aug 18, following heavy dollar purchasing by oil companies and other corporates. The rupee which opened lower at 43.28 traded at an average level of 43.30 for the major part of the day. Towards the end of the trading session, heavy dollar purchasing pulled it down to close at 43.59/60, against Aug 14 close of 43.01. The rupee is 1.33 per cent lower than Aug 14 close.

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