Rupee falls 60 paise to 63.43 against dollar
Quotes

Rupee falls 60 paise to 63.43 against dollar

Last Updated: Tuesday, September 17, 2013, 10:16
 
 Comment 0
 
Rupee falls 60 paise to 63.43 against dollar
Mumbai: The rupee fell by 60 paise to 63.43 against the dollar in early trade Tuesday at the Interbank Foreign Exchange market as the US currency gained strength overseas.

Forex dealers said besides dollar's gains against other overseas currencies, rise in wholesale price inflation for August and fresh demand from importers for the American currency also put pressure on the rupee.

They said a lower opening in domestic equity market too weighed on the local currency.

The rupee added 65 paise to close at one-month high of 62.83 against the US currency in the previous session on hope that Sebi's steps to ease investment norms for overseas entities in government debt would attract more capital flows.

Meanwhile, the BSE benchmark Sensex fell by 55.25 points, or 0.28 percent, to trade at 19,687.22 in early trade today.

PTI



First Published: Tuesday, September 17, 2013, 10:14


Comments


comments powered by Disqus
Google I/O 2014
Google I/O 2014
Maker Faire @ White House
Maker Faire @ White House
Amazon unveils 3D `Fire` smartphone
Amazon unveils 3D `Fire` smartphone
RIL`s 40th AGM
RIL`s 40th AGM
Samsung Galaxy Tab S
Samsung Galaxy Tab S

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved