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Rupee hits 67-mark, tanks 24 paise vs dollar in early trade

June 13, 2016 10:38 IST
Source:PTI

 

The rupee again hit the 67-mark against the US dollar after plunging 24 paise in early trade on Monday on sustained demand for the American currency from importers and bankers amid a lower opening in the domestic equity market.

The dollar was firm against some global currencies which also weighed on the rupee, dealers said.

On Friday, the local currency ended 5 paise lower at 66.76 a dollar on persistent demand for the US dollar from banks and importers and weakness in equities.

Source: PTI
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