Rupee down 36 paise against dollar after Fed's decision
Jan 30 2014 , Mumbai
Forex dealers said the US Federal Reserve's move to scale back its stimulus programme put pressure on other currencies overseas.
Besides, month-end demand from importers for the American currency and a lower opening of the domestic equity market also weighed on the rupee, they said.
The rupee had gained 10 paise to close at 62.41 against the US dollar in yesterday's trade.
Meanwhile, the benchmark BSE Sensex fell by 196.27 points, or 0.95 per cent, to 20,451.03 in early trade today.