INSUBCONTINENT EXCLUSIVE:
The Indian rupee also came under pressure following a heaving selling in domestic equities.The rupee surrendered all the gains made during
the day and settled 13 paise lower at 73.61 against the US dollar Wednesday amid steady capital outflows and strengthening of the American
opened on a higher note at 73.43 and gained further ground to hit an intra-day high of 73.37 against the US dollar
too dived 131.70 points, or 1.24 per cent, to close at 10,453.05
Unabated foreign fund outflows also had an impact on the domestic currency
set the reference rate for the rupee/dollar at 73.4846 and for rupee/euro at 84.9800
The reference rate for rupee/British pound was fixed at 96.8684 and for rupee/100 Japanese yen was 65.47.(Except for the headline, this
story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)
