Oil Refiners

Rupee at 57.06 on dollar demand and weak euro

The rupee was at 57.06 after opening at 56.98 as traders expect a dollar demand form state-run oil firms.

Chart: Rupee at 4-month low of 53/dollar, will it touch 54?

Citigroup said the problems faced by way of ballooning current account deficit and fiscal deficits are much more than they appear to be and rupee could depreciate to 54 to a US dollar over 6-12 months.

Soaring oil prices weaken rupee by 12 paise

According to dealers month-end dollar demand from importers mainly oil refiners affected the rupee value against the dollar.

Rupee falls to more than 6 month low on oil shares