Rupee down 21 paise against dollar

Tags: News
The rupee lost 21 paise to 61.15 against the dollar in early trade today at the Interbank Foreign Exchange market due to appreciation of the American currency against euro overseas.

Increased demand for the dollar from importers and a weak opening of the domestic equity market also put pressure on the rupee, forex dealers said.

The rupee had closed down by 9 paise to 60.94 per dollar in yesterday's trade which was in line with a fall in local stocks after five straight sessions of gains.

Meanwhile, the benchmark BSE Sensex fell by 20.59 points, or 0.09 per cent, at 21,805.83 in early trade today.

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E-mail ID will not be published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

  • This is right time for retail investors to enter the debt market

    Quite often, retail investors are ridiculed for entering the equities market in droves, signalling the first signs of a bubble on the Street.

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

Arun Nigavekar

Cost of education must be controlled

In India, we pay very little attention to the cost ...

Zehra Naqvi

What imperfections in nature teach man

Each one of us has faced a time when we ...

Dharmendra Khandal

A wondrous world under the ground

Burrows and dens are safe homes for many kinds of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture