Rupee down 11 paise against dollar

Tags: News
Falling for the fourth straight day, the rupee today weakened by another 11 paise to 60.64 against the US currency in early trade at the Interbank Foreign Exchange market due to dollar's gains against other rivals overseas.

Forex dealers said besides dollar's gains against other currencies, increased demand for the American unit from importers put pressure on the rupee, but a higher opening in the domestic equity market limited the losses.


  • RBI should make it must for banks to disclose loans refinanced under 5/25 scheme

    There is reasonable doubt that banks are using the 5/25 scheme to postpone dealing with bad loans.


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


BK Chaturvedi

Bihar, development and governance

Chief minister Nitish Kumar won the recent Bihar election with ...

Kuruvilla Pandikattu

The miracle of miracles

In 1966 Time magazine ran a cover story asking: Is ...

Dharmendra Khandal

Mosquitoes are a menace, but part of eco system too

Who can deny that mosquitoes are a menace? The buzz ...


William D. Green

Chairman & CEO, Accenture