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Rupee down 12 paise against dollar
The rupee resumed lower at 57.06 per dollar as against the last closing level of 57.02 per dollar at the Interbank Foreign Exchange (Forex) market and dropped further to a low of 57.17 before quoting at 57.14 at 1100hrs.
Persistent dollar demand from banks and importers on the back of higher dollar in the overseas market mainly affected the rupee value against the dollar, a forex dealer.
In global market, the euro fell to its lowest against the dollar in more than two weeks yesterday. Meanwhile, the BSE 30-scrip index, Sensex, was up 80 points or 0.47 per cent.
PTI
Story first published: Wednesday, June 27, 2012, 16:38 [IST]