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RUPEE SETTLES FLAT AT 72.54 AGAINST US DOLLAR

The rupee closed flat, with positive bias 72.54 against the US dollar after opened in flat; with negative bias on Wednesday Rupee touched an intra-day high of 72.36 and a low of 72.64 against dollar. Losses in the equity markets and a strengthening dollar against major currencies overseas kept the pressure on the rupee.

On the domestic equity market front, the BSE Sensex ended 562.34 points or 1.12 per cent lower at 49,801.62, while the broader NSE Nifty fell 189.15 points or 1.27 per cent to 14,721.30.

EUR/ USD was down 0.06% to 1.1895 while USD/JPY was up by 0.21% to 109.24.GBP/USD down by 0.02% to 1.389.





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