Rupee opens low at 39.38/40 per USD
Mumbai,
Nov
5:
The
spot
Rupee
today
opened
weaker
by
eight
Paise
at
39.38/40
against
the
US
Dollar
compared
to
its
previous
close
of
39.30/31
per
Dollar
on
sustained
selling
of
Dollar
by
foreign
banks
and
global
cues,
dealers
said.
Later, the spot Rupee fluctuated between 39.30 to 39.42 per Dollar in the intra-day trade.
The partially convertible Indian currency made low start with a loss of eight Paise against the greenback on weaker trend Indian bourses and also in Pound at global markets, dealers added.
UNI
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Story first published: Monday, November 5, 2007, 13:57 [IST]