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Rupee drops as oil triggers stocks sell-off9 Jun, 2008, 1829 hrs IST
The rupee fell sharply on Monday, driven lower by heavy losses in local stocks as a weekend spike in oil prices tripped up Asian markets and fuelled concerns of more equity outflows.
Rupee near day's lows, stock losses hurt 9 Jun, 2008, 1626 hrs IST
The rupee was holding near the day's lows on Monday pressured lower by heavy losses in the stock market raising concerns that foreigners may intensify selling their stock holdings and record oil prices.
RBI seen selling dollars 9 Jun, 2008, 0957 hrs IST
RBI was seen selling dollars around 42.93 per dollar on Monday after the currency dropped sharply in opening deals.
Rupee falls as risk aversion grows, oil eyed 9 Jun, 2008, 0914 hrs IST
Rupee fell sharply in opening deals on Monday on concerns foreigners may pull out more from local stocks in the wake of record oil prices and high inflation.
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