News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 10 years ago
Home  » Business » Rupee down 18 paise vs dollar in early trade

Rupee down 18 paise vs dollar in early trade

Source: PTI
Last updated on: June 20, 2014 10:38 IST
Get Rediff News in your Inbox:

ReutersThe rupee on Friday lost 18 paise to 60.26 against the dollar in early trade at the Interbank Foreign Exchange market due to increased demand for the US currency from importers.

Forex dealers attributed the rupee's fall to increased dollar demand from importers amidst rising global crude prices but said that a higher opening in the domestic equity market and euro's strength against the US currency capped the fall to some extent.

The rupee on Thursday rose 31 paise, logging its best single-day gain in over a month, to end at 60.08.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!