Rupee declines 7 paise against dollar in early trade
Forex dealers said weakness in Asian currencies against the US dollar and demand for the greenback from importers mainly put pressure on the rupee sentiment, but a higher opening in the stock market capped the losses. Meanwhile, the BSE Sensex Index rose by 162.10 points, or 0.98 per cent, to 16,698.57 in opening trade today.
PTI
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Story first published: Wednesday, October 12, 2011, 11:18 [IST]