MUMBAI: The Indian rupee remained under pressure in afternoon trade on Monday as sentiment was battered by weakness in local equities.
* At 1:58 p.m., the partially convertible rupee was at 45.1200/1300 per dollar , 0.3 percent weaker than its closing of 44.98/99 on Friday.
* Indian shares extended losses to 2 percent on Monday as domestic political worries added to the unease over turmoil in Libya and wobbly Asian stocks.
* One-month onshore forward premiums were trading at 27.50 points versus 25.50 points on Friday, while the three month premiums were at 75.50 points and the one-year at 274.00 points.
* One-month offshore non-deliverable forward contracts were quoted at 45.38, weaker than the onshore spot rate.
* In the currency futures market, the most traded near-month dollar-rupee contracts on the National Stock Exchange , the MCX-SX and on the United Stock Exchange were all at 45.2950, with the total traded volume at $4.02 billion.
