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HindustanTimes Wed,26 Nov 2014

Rupee falls by 5 paise against dollar in early trade

PTI  Mumbai, January 17, 2013
First Published: 10:02 IST(17/1/2013) | Last Updated: 10:05 IST(17/1/2013)

The rupee depreciated by 5 paise to 54.74 against the US dollar in early trade on Thursday on the Interbank Foreign Exchange due to appreciation of the American currency against the euro and other currencies in overseas markets and a weak opening in the domestic equity market.

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Dealers attributed the rupee's fall to dollar gains against the euro overseas and sustained demand for the American currency from importers.

The rupee had closed 8 paise lower at 54.69 a dollar in Wednesday's trade on heavy demand for the American currency.

Meanwhile, the BSE benchmark Sensex was down by 34.22 points, or 0.17%, at 19,783.41 in early trade on Thursday.


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Rupee rebounds 8 paise against dollar to end at 61.86

After breaching the 62-mark in early trade, Indian rupee on Tuesday rebounded and ended with a gain of 8 paise at 61.86 against the Greenback on account of suspected RBI intervention through state-owned banks.

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