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Home / Business News / Rupee weakens 15 paise against dollar in early trade

Rupee weakens 15 paise against dollar in early trade

The rupee depreciated by 15 paise to 62.39 against the dollar in early trade on Friday on the Interbank Foreign Exchange as the American currency firmed up overseas on upbeat US jobs report.

business Updated: Apr 10, 2015 10:10 IST
PTI

The rupee depreciated by 15 paise to 62.39 against the dollar in early trade on Friday on the Interbank Foreign Exchange as the American currency firmed up overseas on upbeat US jobs report.

Besides, increased demand for the dollar from importers and a lower opening in the domestic equity market weighed on the local currency, forex dealers said.

The rupee had ended steady at 62.24 against the dollar in Thursday's trade due to uneven demand-supply transactions of the US currency from banks.

Meanwhile, the benchmark BSE Sensex fell by 59.29 points, or 0.21%, at 28,825.92 in early trade.

ht epaper

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