Tuesday 27 August 2013

Sensex Down 580 Pts On Rupee

The Finance Minister's statements and the Reserve Bank of India, the rupee against the dollar from steps to neutralize totally uncontrollable. rupee so far, smashing the record with 66 went beyond. trading compared to the u.s. dollar during the rupee after crossing the figure of 66 65.97 on. This is by far the most bottom level of RS. earlier on Thursday recorded a decline was recorded in the bucks when he 65.56 But close.

In the Dalal Street, earthquake. the BSE benchmark Sensex fell more than 580 points. in addition, Nifty so far 180 points more than dive. business during the Sensex 3 phisad with a decline of nearly 500 points was broken up.

Brokers registered with the bucks constant weakness against the dollar and the steep drop from 104 in the morning stock market morale broken. significantly, the importers pay at the end of the month from $ for huge demand and led to the evacuation of the capital of the country on Monday, the rupee against the dollar to 110 per dollar money broke once again came down to 64. Forex dealers said foreign In the local market and in the final dollars in o'clock from the notion of softening impacted negatively on the rupee.

Significantly, the inter-bank foreign exchange market, the rupee's exchange rate in the past session to close at 64.30 per dollar level was Friday's closing level compared to $ 63.20 per 110 fall of money.