Sign in

Rupee down 19 paise against dollar in morning trade

The rupee declined by 19 paise to Rs 49.34 per dollar in early trade on the Interbank Foreign Exchange market on Thursday, weighed down by dollar's gains against other currency rivals.

Updated on: Feb 9, 2012, 11:15:54 IST
PTI | By , Mumbai
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

The rupee declined by 19 paise to Rs 49.34 per dollar in early trade on the Interbank Foreign Exchange market on Thursday, weighed down by dollar's gains against other currency rivals.

Dealers said besides dollar gains against other Asian currencies, a weak opening in the stock market amid foreign fund outflows put pressure on the rupee.

The rupee had ended marginally higher by 5 paise at 49.15/16 against the American currency on Wednesday.

HT Image
HT Image

Meanwhile, the BSE benchmark Sensex declined by 78.33 points, or 0.44%, to 17,628.99.

Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.