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Rupee Down 19 Paise Against Dollar In Morning Trade

Mumbai, Feb 9 : The rupee declined by 19 paise to Rs 49.34 per dollar in early trade on the Interbank Foreign Exchange market today, weighed down by dollar's gains against other currency rivals.Dealers said

India TV News Desk [ Updated: February 09, 2012 10:06 IST ]
rupee down 19 paise against dollar in morning trade
rupee down 19 paise against dollar in morning trade

Mumbai, Feb 9 : The rupee declined by 19 paise to Rs 49.34 per dollar in early trade on the Interbank Foreign Exchange market today, weighed down by dollar's gains against other currency rivals.

Dealers said besides dollar gains against other Asian currencies, a weak opening in the stock market amid foreign fund outflows put pressure on the rupee. 

The rupee had ended marginally higher by 5 paise at 49.15/16 against the American currency yesterday.

Meanwhile, the BSE benchmark Sensex declined by 78.33 points, or 0.44 per cent, to 17,628.99.

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