The rupee was remained unchanged on June 29 in a range-bound market. The rupee opened at 48.06 and touched an intra-day high of 47.95. Later it weakened to touch an intra-day low of 48.26, before closing at 48.10, unchanged from the previous close. However, the month-end dollar demand from importers exerted pressure on the domestic currency.
In the overseas markets, the dollar strengthened against the euro and the pound initially but weakened sharply against the euro in the second half of trade.
However, it was flat against the yen and swiss franc. In the forward premia market, the six-month premium closed marginally up at 2.75 per cent (2.7 per cent) while the one-year closed at 2.45 per cent (2.4 per cent).
In the overseas markets, the dollar strengthened against the euro and the pound initially but weakened sharply against the euro in the second half of trade.
However, it was flat against the yen and swiss franc. In the forward premia market, the six-month premium closed marginally up at 2.75 per cent (2.7 per cent) while the one-year closed at 2.45 per cent (2.4 per cent).
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