Advertisement

HindustanTimes Wed,16 Apr 2014

Rupee down 5 paise against dollar in early trade

PTI  Mumbai, April 02, 2013
First Published: 10:54 IST(2/4/2013) | Last Updated: 10:59 IST(2/4/2013)

The rupee fell by 5 paise to Rs. 54.34 against the American currency on the Interbank Foreign Exchange in early trade on Tuesday in line with weak local equities.

Advertisement

Dealers said the dollar fell against the yen and euro in Asian trade on Tuesday after weaker-than-expected US manufacturing data sparked renewed fears about the state of the world's biggest economy, weak opening in the stock market also put pressure on the rupee.

The rupee had ended higher by 7 paise at 54.29 against the dollar in the previous session.

Meanwhile, the BSE benchmark Sensex declined by 33.36 points, or 0.17%, at 18,831 in early trade.

Advertisement
more from Business

Ranbaxy: From industry poster boy to problem child

For Ranbaxy Laboratories, which is nursing a welter of festering wounds from run-ins with regulators to employee exits and penalties for felonies, a change in ownership marks yet another milestone in its nearly five-decade old history.
markets
Advertisement
Most Popular
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved