Written by Ayaz Wednesday, 24 November 2010 19:29
No change was seen in the price of US dollar against rupee amid lack of demand of greenback. The US dollar kicked off new day’s trading at Rs.84.80 for buying and Rs.85.30 for selling, remained motionless and ended the day at the same price at close of markets on Tuesday. Thus, rupee ended the day on a positive note versus dollar in the forex rates market.
Decline was seen in the price of US dollar versus rupee amid downward trend in dollar’s demand in the interbank dealings. The American currency commenced trading at Rs. 85.50 for buying and Rs.85.70 for selling, gave up grounds and was trading at Rs.85.35 for buying and Rs.85.55 for selling on Tuesday.


