Rupee tumbles 43 paise against dollar - Hindustan Times
close_game
close_game

Rupee tumbles 43 paise against dollar

Jul 23, 2012 10:15 AM IST

The rupee fell by 43 paise to trade at 55.75, its lowest since July 13 against the dollar in early trade today at the Interbank Foreign Exchange as the American currency strengthened against euro and other currencies in the overseas market.

The rupee fell by 43 paise to trade at 55.75, its lowest since July 13 against the dollar in early trade on Monday at the Interbank Foreign Exchange as the American currency strengthened against euro and other currencies in the overseas market.

Dealers said apart from strengthening of dollar overseas on fresh concerns over Spain's borrowing costs and the fate of the euro zone, a weak opening in the domestic equity market weighed on the rupee sentiment.

HT Image
HT Image

Meanwhile, the BSE benchmark Sensex fell by 153.64 points, or 0.90%, at 17,004.80.

Hindustan Times - your fastest source for breaking news! Read now.

The rupee had lost 20 paise to close at 55.32 against the US currency in Friday's trade on weakness in local shares amid a firm dollar overseas as the euro zone debt problems resurfaced.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, March 29, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On