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Rupee eases at 39.345/355 against USD
Mumbai, Jan 21 (UNI) The Rupee eased by nearly four paise at 39.345/355 against US Dollar from its previous close of 39.30/31 per dollar following the weak trends in the Indian equity market.
The local unit slid in early deals on concerns that losses in US and Asian markets should prompt overseas investors to pare holdings in local assets on the fears of a recession in US economy, traders said.
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Story first published: Monday, January 21, 2008, 13:07 [IST]