HindustanTimes Sat,19 Apr 2014

Rupee marginally down against dollar in early trade

PTI  Mumbai, July 20, 2012
First Published: 10:30 IST(20/7/2012) | Last Updated: 10:32 IST(20/7/2012)

The rupee traded marginally lower by 3 paise to 55.15 against the dollar in early trade on Friday as the American currency gained strength against euro and other Asian currencies.


Forex dealers said besides dollar's gains in the overseas markets, outflow of foreign funds from weakening domestic equity market further influenced the rupee sentiment.

The rupee had gained 36 paise to close at 55.12 against the US dollar in Thursday's trade on sustained capital inflows amid exporters selling the US currency.

Meanwhile, the BSE benchmark Sensex fell by 27.52 points, or 0.16%, at 17,251.33.

more from Business

700 trainees opt for exit plan at Nokia’s Chennai plant

Finnish handset maker Nokia, struggling to shepherd its Chennai plant into its agreement to be bought by US software giant Microsoft amid tax disputes in India, has got some success with 736 of its trainees accepting the voluntary separation scheme.
Most Popular
Copyright © 2014 HT Media Limited. All Rights Reserved