RUPEES/US DOLLAR: The rupee showed a mix trend in the trading against green back this week and both rise and falls were accordingly recorded. In the initial sessions, the national currency stooped firm against green back amid substantial decline in the demand of the currency but lost grounds as dollar recovered significantly in the international market. The demand from the customers and vendors has gradually narrowed in the last two weeks and therefore, rupee has been able to trade on a positive note.
RUPEE/EURO: Euro showed a rising trend inthe trading this week and kept an upper hand on the national currency through out. The study show of euro in the internaitonal market affected the standing of rupee here in th ekerb. Right through, the national currency remained under pressure and euro showed gains on the desk and traded above Rs 77/50 mark. The gain touched its maximum weekly height on the last working day when euro was changing hands at Rs 77/90 showing a net gain of 0.80 paisa at weekend.
RUPEE/POUND STERLING: Sterling continued its uphill acceleration against rupee and traded on a cheerful note this wek too. Sterling crossed Rs 112/50 mark and at one stage went as high as Rs 112/90. Constant gains in the price of sterling were recorded and the currency standings were mainly affected by its incessant rise against US dollar in the international market and thus, its direct effects were recorded here in the kerb as well. Sterling started and at Rs 111/90 and at close was changing hands at Rs 112/90 thus showing a net gain of Rs 1/- at close of markets on Friday.