Rupee down 13 paise against dollar in early trade
Thursday, April 20, 2017 IST
MUMBAI: The rupee lost 13 paise against the dollar to 64.71 in early trade today on the Interbank Foreign Exchange due to an appreciation of the US currency overseas.
Increased demand for the dollar from importers also put pressure on the rupee.
Dealers attributed the rupee's fall to dollar gains against other currencies overseas but a higher opening of the domestic equity market capped the fall.
Yesterday, the rupee had gained 5 paise to close at 64.58 a dollar on fresh selling of the American currency by banks and exporters.
Meanwhile, the BSE benchmark Sensex rose 63.57 points, or 0.22 percent, at 29,400 in early trade today.
Early trade nowadays on the Interbank exchange thanks to the appreciation of the United States currency overseas.
Increased demand for the dollar from importers conjointly place on the rupee.
Dealers attributed the rupee's fall to dollar gains against alternative currencies overseas however a better gap of the domestic equity market capped the autumn.
Yesterday, the rupee had gained 5 paise to shut at 64.58 a dollar on recent merchandising of the yankee currency by banks and exporters.
Meanwhile, the mad cow disease benchmark Sensex rose 63.57 points, or 0.22 percent, at 29,400 in early trade nowadays.
Related Topics
Related News & Articles
The rupee is seen sliding to 75 per dollar by year-end, according to median of 10 analysts surveyed by Bloomberg.
Recently posted . 647 views . 1 min read
The rupee recouped sharply by 24 paise to 64 against the US dollar in early trade on Tuesday on increased selling of the American currency by exporters and banks am...
Recently posted . 657 views . 9 min read
The government and RBI are keeping their powder dry and the measures announced over the weekend are merely a first salvo
Recently posted . 619 views . 1 min read
INR Vs USD: The rupee is not very far ts all-time low of 68.87, recorded in November 2016.
Recently posted . 562 views . 1 min read
Pakistan has approved the so-called Gilgit-Baltistan order, giving its Prime Minister Shahid Khaqan Abbasi a chance to snatch more authority from the local council<...
Recently posted . 548 views . 1 min read
Trending News & Articles
While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content.
...
Recently posted . 61K views . 1 min read
The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...
Recently posted . 8K views . 1 min read
Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million.
Rahul and his girl friend was th...
Recently posted . 7K views . 7 min read
True – Tr...
Recently posted . 6K views . 83 min read
More in National
India seems to be suddenly obsessed with its iconic leaders in 2018 as plethora of statues are coming up in different cities of India. On October 31, the world&rsqu...
Recently posted. 716 views . 1 min read
NEW DELHI: The Civil Aviation Ministry has approved a proposal for setting up of water aerodromes in the country, with Chilika Lake in Odisha, Sard...
Recently posted. 511 views . 2 min read
Shivraj Singh Chouhan spent some uncomfortable moments when the young questioner turned slightly aggressive repeating `mamaji caste, mamaji caste,’ and wond...
Recently posted. 834 views . 2 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 1K views . 57 min read
Recently posted . 1K views . 35 min read
Real heroes should be treated close to gods as they protect the people like a shield, without caring about their own life. When we talk about real-life heroes who s...
Recently posted. 881 views . 2 min read
Nakao commended the government's vision to make India a USD 5 trillion economy during Modi's second term in office, and reaffirmed ADB's commitment to...
Recently posted. 568 views . 1 min read