Indian rupee

Published June 26, 2003

MUMBAI, June 25: The Indian rupee ended slightly weaker on Wednesday, but off an intra-day low hit due to month-end dollar demand, while premiums on forward dollars climbed in anticipation of a big US rate cut.

The rupee closed at 46.5950/6050 per dollar, off the morning’s trough of 46.655. It closed Tuesday at 46.58/59.

Dollar demand usually swells at the month-end.—Reuters

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