3:21 pm - Monday June 17, 2024

Rupee down 13 paise against dollar in early trade

633 Viewed Alka Anand Singh Comments Off on Rupee down 13 paise against dollar in early trade

The rupee weakened by 13 paise to 63.59 against the US dollar in early trade today, extending losses for the second day, due to appreciation of the American unit against other currencies overseas amid Greece’s crisis.

Besides increased demand for the dollar from importers, a lower opening in the domestic equity market also weighed on the local currency, forex dealers said.

The rupee had slipped by 6 paise at 63.46 in yesterday’s trade due to fresh demand for the American currency from banks and importers amid strong overseas sentiments.

Meanwhile, the benchmark BSE Sensex dipped below the 28,000-mark by plunging 291.65 points or 1.04 per cent to 27,880.04 in early trade.

Don't miss the stories followIndiaVision India News & Information and let's be smart!
0/5 - 0
You need login to vote.
Filed in

Asia markets mostly up but Shanghai tumbles again

Honda Jazz 3.0 version out; Features and specifications!

Related posts