New Delhi -°C
Today in New Delhi, India

Aug 17, 2019-Saturday
-°C

Humidity
-

Wind
-

Select city

Metro cities - Delhi, Mumbai, Chennai, Kolkata

Other cities - Noida, Gurgaon, Bengaluru, Hyderabad, Bhopal , Chandigarh , Dehradun, Indore, Jaipur, Lucknow, Patna, Ranchi

Saturday, Aug 17, 2019

Rupee weakens by 16 paise against dollar in early trade

The Indian rupee depreciated by 16 paise against the US dollar in early trade at the Interbank Foreign Exchange today on capital outflows by foreign funds from equities.

business Updated: Jun 30, 2010 10:31 IST

PTI
Hindustantimes
         

The Indian rupee depreciated by 16 paise against the US dollar in early trade at the Interbank Foreign Exchange on Wednesday on capital outflows by foreign funds from equities.

The domestic unit fell by 16 paise to trade at 46.64 a dollar.

The rupee had closed lower by 28 paise at 46.48/49 a dollar in the previous session.

Forex dealers said weak opening on the stock markets following capital outflows by foreign funds in tandem with tumble on global markets, mainly weighed on the rupee sentiment.

Meanwhile, the Bombay Stock Exchange index, Sensex, fell by 160.31 points, or 0.91 per cent, to 17,373.78 points in the opening trade on Wednesday.

First Published: Jun 30, 2010 10:28 IST

more from business