The Indian rupee trimmed its earlier losses against the American currency, but was quoted still lower by 6 paise to 54.83 rupees per dollar on mild dollar demand from banks and importers despite weak dollar overseas. The rupee resumed slightly lower at 54.78 rupees per dollar as against the yesterday's closing level of 54.77 rupees per dollar at the Interbank Foreign Exchange (Forex) Market and declined further to 54.94 per dollar before quoting at 54.83 rupees per dollar. It moved in a range of 54.72 rupees per dollar and 54.94 rupees per dollar during the morning deals.
News On AIR | December 4, 2012 12:12 PM
Rupee still quoting 6paise lower at 54.83 against the dollar