PT:Re trims initial losses Vs dollar, still down by 9 paise
Mumbai, Feb 20 (PTI) The Indian rupee trimmed its losses against the American currency but was still quoted lower by nine paise to 62.29 per dollar on demand from banks and importers.
The rupee resumed lower at 62.35 per dollar as against the last closing level of 62.20 at the Interbank Foreign Exchanges (Forex) Market and dropped further to 62.44 per dollar.
However, it recovered from initial losses and was quoted at 62.