Rupee falls to 1-week low, growing worries over reforms
Reuters | HT Correspondent, Mumbai
Aug 27, 2012 06:58 PM IST
The rupee fell by 13 paise to Rs 55.63 against the dollar in early trade today on the Interbank Foreign Exchange due to strengthening of the American currency against euro overseas.
The rupee fell by 13 paise to Rs 55.63 against the dollar in early trade on Monday on the Interbank Foreign Exchange due to strengthening of the American currency against euro overseas.
A higher opening in the stock market, however, capped the losses, traders said.
Hindustan Times - your fastest source for breaking news! Read now.
The BSE benchmark Sensex gained 28.30 points, or 0.16%, at 17,811.51.
The rupee had lost 24 paise to 55.50 against the American currency in the previous session on Friday.
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
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