Friday, March 29, 2024
Advertisement
  1. You Are At:
  2. News
  3. Business
  4. Rupee down 5 paise against dollar in early trade

Rupee down 5 paise against dollar in early trade

Mumbai: The rupee depreciated by five paise to 63.71 against the dollar in early trade today due to rise in greenback against other currencies overseas.The increased demand for the US currency from importers also impacted the rupee

PTI PTI Updated on: July 21, 2015 10:55 IST
rupee down 5 paise against dollar in early trade
rupee down 5 paise against dollar in early trade

Mumbai: The rupee depreciated by five paise to 63.71 against the dollar in early trade today due to rise in greenback against other currencies overseas.

The increased demand for the US currency from importers also impacted the rupee sentiment, dealers said.

The dollar gained against other currencies overseas on expectations of increase in interest rates by the US Federal Reserve in coming months.

The rupee had lost 19 paise to close at three-week low of 63.66 against the US dollar yesterday on fresh demand for American currency from banks and importers on the back of a higher greenback in overseas markets.

Meanwhile, the benchmark BSE Sensex was trading up by 46.71 points, or 0.16 per cent, at 28,466.83 in early trade today.

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Business

Advertisement
Advertisement
Advertisement
Advertisement