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Rupee opens sharply lower against US dollar

The rupee resumed sharply lower against the US dollar at Rs 41.45/47 due to good demand for dollars on the Forex market in Mumbai on Friday.
PTI | By HT Correspondent, Mumbai
UPDATED ON MAY 11, 2007 12:12 PM IST

The rupee resumed sharply lower against the US dollar at Rs 41.45/47 due to good demand for dollars on the Forex market in Mumbai on Friday.

However, rupee recovered marginally to Rs 41.33/34 at 11:30 am on mild selling of the dollar from banks and corporates.

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