Rupee down 13 paise against dollar

Tags: News
The rupee lost 13 paise to 59.85 against the US dollar in early trade today at the Interbank Foreign Exchange market due to demand for the US currency from importers.

Forex dealers said strengthening of the dollar against other currencies in global markets, boosted by the US jobs report, also put pressure on the rupee but a higher opening of the domestic equity market, limited the fall.

EDITORIAL OF THE DAY

  • The Opec decision to cut crude output by 1.8b barrels a day is bad news for India

    The Narendra Modi government’s exuberance on managing vital macro-economic parameters was driven in the main by benign global crude prices fueled by

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Cut & Thrust: 26/11 memories haunt us

Bumped into my old friend Anupam Kher the other day. ...

Ananda Majumdar

The art of prescient politics

Bihar chief minister Nitish Kumar’s timely support to the Narendra ...

Sachin Shridhar

The quagmire called kashmir

For the past three decades, the separatist leaders have claimed ...