Rupee down in the dumps against US dollar

KARACHI: The rupee Tuesday weakened to 97.15/97.25 against the dollar, compared to Monday's 96.91/96.95.The local currency may fall further due to high dollar demand from importers, a dealer...

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AFP

|

December 11, 2012

Rupee down in the dumps against US dollar

KARACHI: The rupee Tuesday weakened to 97.15/97.25 against the dollar, compared to Monday's 96.91/96.95.

The local currency may fall further due to high dollar demand from importers, a dealer said.

Overnight rates in the money market remained flat at 9 percent. (Reuters)

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