Advertisement

HindustanTimes Fri,24 Oct 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

Three major nations absent as China launches World Bank rival in Asia

Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders.

markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved