INSUBCONTINENT EXCLUSIVE:
dollar on Friday, pressured by heavy foreign capital outflows and firming oil prices
This is the third straight session of loss for the domestic currency, during which it has depreciated by 53 paise.On a weekly-basis, the
rupee registered a loss of 8 paise
At the forex market, the rupee opened lower at 71.22 and fell further to touch the day's low of 71.44
and sovereign bonds declined owing to continuous rise in crude prices and sustainable foreign outflow
Domestic equity markets also closed on weak wicket, which also weighed on rupee," HDFC Securities' Head, PCG and Capital Markets Strategy, V
The 30-share BSE Sensex declined 67.27 points, or 0.19 per cent, to end at 35,808.95
