Wobbly rupee further weakens vs US dollar
KARACHI: The rupee Friday weakened at 97.56/97.62 against the dollar, compared to Thursday's 97.34/97.97.The rupee came under pressure due to import payments. The local currency may fall further due...
December 14, 2012
The rupee came under pressure due to import payments. The local currency may fall further due to strong demand for the dollar from importers, a dealer said.
Overnight rates in the money market ended at 9 percent compared to Thursday's close of 9.90 percent. (Reuters)
