Mumbai: Indian rupee slipped to its lowest in two weeks today, accompanying the positive behavior of other Asian currencies versus dollar earlier than key U.S. statistics this week, and on worries regarding RBI involvement.
In morning trades, the partially convertible rupee stood at 39.860/865 per dollar, off an early low of 39.90 but still under its last closure (on Monday) of 39.85/86. Markets remained closed on Tuesday for a holiday.
Last week the rupee ascended to a high of 39.62, its all-time peak since April 1998.
New Delhi: Finance minister P Chidambaram has
Mumbai: The Indian currency made a late recovery to close a little bit strong
Mumbai: The traders said that the suspected RBI interference has bloc
Mumbai: Indian Rupee remained strong against the US dollar amid weakn
Mumbai: The rupee dropped off from nine-and-a-half year peaks on yesterday, driven lower by suspected central bank interference and some short covering by capitalists, even if flows into the stock exchange limited losses. 
