Rupee down 25 paise vs dollar in early trade | business | Hindustan Times
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Rupee down 25 paise vs dollar in early trade

The rupee today depreciated by 25 paise to 54.32 against the dollar in early trade on the Interbank Foreign Exchange due to renewed demand for the US currency, amid weak equities.

business Updated: Feb 21, 2013 10:34 IST

The rupee on Thursday depreciated by 25 paise to 54.32 against the dollar in early trade on the Interbank Foreign Exchange due to renewed demand for the US currency, amid weak equities.

Forex dealers said dollar's gain against other currencies overseas also weighed on the rupee sentiment.

The local unit had ended 11 paise higher at 54.07 on Wednesday due to persistent dollar selling by exporters and moderate capital inflows, amid reports of low volumes due to the ongoing two-day bank union strike.

Meanwhile, the BSE benchmark Sensex down by 140.52 points, or 0.71%, to 19,502.23 in the early trade on Thursday.