Rupee down 6 paise against dollar in early trade

Wednesday, Aug 31, 2016,10:21 IST By metrovaartha A A A

Mumbai | The rupee weakened by 6 paise to 67.08 against the dollar in early trade Wednesday at the Interbank Foreign Exchange market on month-end demand for the American currency from importers.

Forex dealers said strength in the dollar against some other currencies overseas also weighed on the rupee but a higher opening in the domestic equity market capped the losses.

Yesterday, the rupee had gained 16 paise to close at 67.02, its highest level in a month, on heavy selling of the greenback by exporters and banks.

The benchmark BSE Sensex rose by 131.37 points or 0.46 per cent to 28,474.38 in early trade Wednesday.

Latest News

BSNL to roll out 4G services in Kerala soon    

Tuesday, May 30 , 2017 ,16:34 IST