Rupee down 10 paise against dollar

Tags: News
The rupee today fell by 10 paise to trade at 54.58 against the US dollar in early trade, extending its slide for the fourth day, at the Interbank Foreign Exchange as the American currency firmed against euro and other currencies in the overseas market.

Dealers said besides strengthening of dollar against the major currencies including yen, which plunged to a year-and-a-half low overseas, a lower opening the domestic equity market mainly put pressure on the local unit.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • If the first 17 editions of Saarc were tragedies, Kathmandu was a sham

    Rarely has a regional grouping such as the South Asian Association of Regional Cooperation (Saarc) promised so much and delivered so little.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

By the power of wind, let there be light

In India, the development of wind power began in the ...

Zehra Naqvi

Being unrealistic can be good for you

Depression is a term that most people use very casually ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture