Rupee loses 13 paise against US dollar in early trade

Posted By: Pti
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Mumbai, Oct 4: The Indian rupee lost 13 paise to Rs 49.28 per US dollar in early trade on the Interbank Foreign Exchange on Oct 4 due to appreciation of the US currency against other major rivals overseas and a weak opening in the domestic equity market.

Dealers attributed the rupee''s fall to dollar gains against the euro overseas and a lower opening in the stock market.

The rupee had closed 19 paise lower at Rs 49.15/16 per US dollar in yesterday''s trade.

Meanwhile, the Bombay Stock Exchange benchmark Sensex was down by 65.70 points, or 0.41 per cent, at 16,085.75 in opening trade on Oct 4.


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