Rupee down by 3 paise against dollar in early trade - Hindustan Times
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Rupee down by 3 paise against dollar in early trade

PTI | By, Mumbai
Mar 20, 2012 10:33 AM IST

The rupee eased by 3 paise to Rs 50.26 against the dollar in early trade today on the Interbank Foreign Exchange market, following increased demand for the American currency from importers.

The rupee eased by 3 paise to Rs 50.26 against the dollar in early trade on Tuesday on the Interbank Foreign Exchange market, following increased demand for the American currency from importers.

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Traders said apart from increased demand for the dollar from importers, dollar gains against other Asian currencies overseas mainly weighed on the rupee sentiment.

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Higher opening in the equity market, however, capped the rupee's losses, they added.

Meanwhile, the BSE benchmark Sensex rose by 73.11 points, or 0.42%, to 17,346.48 in early trade.

The rupee had ended lower by 5 paise at 50.23/24 against the American currency on Monday on fresh dollar demand for the dollar from importers.

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