Rupee down 39 paise vs dollar in early trade

Posted By: Pti
Subscribe to Oneindia News
Mumbai, Mar 29: The rupee today fell by 39 paise to 51.17 against dollar on the Interbank Foreign Exchange market in early trade following strong month-end demand for the US currency from importers.

Dealers said dollar gains against the euro and other currencies overseas, strong month-end demand for the American currency from oil importers mainly weighed on the rupee sentiment.

A weak opening in the equity market also impacted the rupee sentiment, they said. The rupee had ended lower by 9 paise at 50.78/79 against the dollar yesterday.

The BSE benchmark Sensex dipped below 17,000 level, losing 169.35 points, or 0.94 per cent, to 16,952.27 in early trade today.


Please Wait while comments are loading...