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Rupee weakens by 10 paise against dollar in early trade
The Indian rupee depreciated by 10 paise against the dollar in early trade, tracking mixed trend in Asian currencies. However, flat to better trend on the stock market in early trade, capped losses.
Updated on: Jul 16, 2010, 10:22:42 IST
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The Indian rupee depreciated by 10 paise against the dollar in early trade, tracking mixed trend in Asian currencies.
However, flat to better trend on the stock market in early trade, capped losses.
At the Interbank Foreign Exchange market, the domestic unit was quoted 10 paise lower at 46.70 a dollar in early trade. The rupee had closed higher by 9 paise at 46.60/61 a dollar in Thursday's trade.
Forex dealers said mixed trend in Asian currencies against the US dollar put pressure on the Indian rupee but steady to better trend in equities, restricted losses.
The Bombay Stock Exchange index, Sensex, rose by 40.85 points, or 0.22 per cent, to 17,950.31 points in the opening trade.
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