Rupee recovers from initial losses

Published on April 21, 2015 20:44:40 PM
Business
The rupee ended at 62.86 per dollar. At the Interbank Foreign Exchange market, the rupee resumed sharply weaker at 63.15 from previous closing of 62.91.

Rupee recovered most of its losses as public sector banks sold dollars likely on behalf of the RBI.

Meanwhile, Benchmark BSE Sensex slipped by 210.17 points to 27,676.04 while NSE Nifty ended below 8,400 mark.