Rupee ends weak as foreign banks buy dlrs

Forward premiums ended down despite the mild pressure onthe spot rupee and a spurt in call money rates which rose to 10 percent levels on the eve of the reporting day.

Dealers said while premiums opened lower following the shift in the spot date to the next week, there was receiving interest among state-run banks.

The six-month premium ended at an annualised 2.78 per cent against the previuous close of 2.91 percent.