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HindustanTimes Thu,24 Apr 2014

Rupee down 10 paise against dollar in early trade

PTI  Mumbai, May 24, 2013
First Published: 10:22 IST(24/5/2013) | Last Updated: 10:23 IST(24/5/2013)

The rupee on Friday weakened further by 10 paise to 55.69 against the dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency overseas.

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Dealers attributed the rupee's fall to dollar gains against other currencies overseas but a higher opening of the domestic equity market, capped rupee's losses to some extent.

The rupee had lost 13 paise to close at a fresh six-month low of 55.59 against the dollar after dropping to eight-month low of 56.01 intra-day in Thursday's trade.

Meanwhile, the BSE benchmark Sensex was up by 139.39 points, or 0.71%, at 19,813.72 in early trade on Friday.

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