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Rupee weakens by 10 paise against dollar in early trade

The Indian rupee eased by 10 paise to Rs 46.49 a dollar in early trade at the Interbank Foreign Exchange market on Wednesday following dollar's gains against other major currencies.

Updated on: Aug 11, 2010, 12:14:03 IST
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The Indian rupee eased by 10 paise to Rs 46.49 a dollar in early trade at the Interbank Foreign Exchange market on Wednesday following dollar's gains against other major currencies.

HT Image
HT Image

Forex dealers said besides the dollar's gains against other major currencies, increased demand from importers for US currency also put pressure on the the rupee.

The rupee had ended lower by 27 paise at one-week low of 46.39/40 a dollar in the previous session.

Meanwhile, the Bombay Stock Exchange benchmark index, Sensex, rose by 43.89 points or 0.24 per cent, to 18,263.88 points in opening trade on Wednesday.

 
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.
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.
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