Advertisement

HindustanTimes Fri,18 Apr 2014

Rupee down 11 paise vs dollar in early trade

PTI  Mumbai, January 24, 2013
First Published: 10:56 IST(24/1/2013) | Last Updated: 11:01 IST(24/1/2013)

The rupee on Thursday fell by 11 paise to 53.78 against the dollar in early trade at the Interbank Foreign Exchange due to fresh demand for the US currency from importers and some banks.

Advertisement

Forex dealers said euro's weakness against the dollar overseas also put pressure on the rupee.

The rupee had gained 14 paise to end at 53.67 on Wednesday on consistent foreign fund inflows in local stocks amid fresh dollar selling by exporters and sustained weakness in the American currency overseas.

Meanwhile, the BSE benchmark Sensex rose by 45.67 points, or 0.22 per cent, to 20,072.28.

Advertisement
more from Business

Rajat Gupta to surrender on June 17 in insider trading case

Gupta was convicted in June 2012 on securities fraud and conspiracy charges for having fed tips, from Goldman board meetings in the second half of 2008, to longtime friend Raj Rajaratnam, founder of the Galleon Group hedge fund firm.
markets
Advertisement
Most Popular
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved