Rupee resumes softer at 44.35/37 per USD

Saturday, March 17, 2007, 10:59 [IST]

Mumbai, Mar 5 (UNI) The rupee today opened lower at 44.35/37 per US Dollar against 44.29/30 on the previous day's closing on lack of fresh dollar demand from local opeators.

Later it fluctuated between 44.35 and 44.49 per USD on some short-covering and scattered dollar demand by foreing banks.

However, the Rupee slipped as concerns over FII flows increased with another sell-off on the stock market, brokers said.

UNI

Topics: MARKETS-FOREX OPENING

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