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Rupee gains marginally

Posted on: 27/Jun/2013 11:46:47 AM
After the all time low on Wednesday, the rupee gained marginally against the dollar on Thursday. The last valuation was 60.36 / 38 to a dollar on Thursday. Wednesday�s valuation was the lowest ever at Rs. 60.76 to a dollar.

The gain comes in the wake of worry about India�s current account deficit. The deficit narrowed to $18.1 billion in the quarter January � March 2013 compared to last year�s deficit of $21.7 billion dollars during the same quarter.