E-Paper
Rupee weakens 9 paise against dollar in opening trade ahead of the Budget
A strong dollar in the overseas markets has weighed on the rupee.
Updated on: Feb 1, 2018, 10:11:14 IST
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The rupee weakened by 9 paise to 63.67 against the US dollar in opening trade at the interbank foreign exchange market ahead of the budget today.
A strong dollar in overseas markets weighed on the Indian currency, a currency dealer said.
Yesterday, the rupee had ended 2 paise higher at 63.58 against the US dollar.
Foreign investors withdrew a net Rs 136 crore from stocks yesterday, according to provisional FPI data.
Meanwhile, the benchmark BSE Sensex rose by 171.38 points, or 0.47 %, to 36,136.40 in opening trade today.