ET:Rupee at 1-week low; oil bids offset by exporters
The rupee fell to a 1-week low in high volumes, with the rupee-dollar pair at 55.6075/6150 versus Friday's close of 55.4950/5050. It rose to as much as 55.63 in trade, the highest since Aug 20.
End-of-month dollar buying from oil importers supported the fall. But a foreign bank dealer said that exporters were seen selling at above 55.60. Trading was quiet, in line with muted global markets. MSCI's Asia ex-Japan was down 0.5 percent, while euro inched lower.
