1. Indian Rupee down 21 paise against dollar in early trade

Indian Rupee down 21 paise against dollar in early trade

The rupee lost 21 paise to Rs 63.50 against the US dollar in early trade...

By: | Mumbai | Updated: January 5, 2015 10:16 AM
Indian Rupee, Dollar rate, Rupee to dollar, Rupee vs dollar

The Indian rupee had ended 6 paise higher at 63.29 against the greenback on Friday. (PTI)

The rupee lost 21 paise to Rs 63.50 against the US dollar in early trade today at the Interbank Foreign Exchange due to rise in the greenback’s value against other currencies overseas.

Dealers attributed the fall in rupee to dollar’s gains against the euro which fell to a nine-year low; but a higher opening in the domestic stock market limited the fall of the domestic currency.

The Indian rupee had ended 6 paise higher at 63.29 against the greenback on Friday, helped by selling of dollars by banks and exporters amid hopes of more foreign capital inflows into the equity market.

Meanwhile, The benchmark BSE Sensex regained the 28,000-mark by rising 122.45 points, or 0.44 per cent, to 28,010.35 in early trade today.

  1. S
    sabse
    Jan 5, 2015 at 11:23 am
    Indian rupee has got no one in its favor. Everyone wants to see it down and down. It appears to be in hands of traders and speculators who also want to see it down. Why with current account surplus today with lowest crude oil prices in history rupee is weak. Economy is too much in favor of 10% richest in world no one is taking care for poor and underprivileged including themselves. Every underprivileged or poor wants to get and made to run after the costliest subsidized or unsubsidized .No takers for simple and cheaper or indigenous. Infrastructure is poor and affordable one is not available for vast majority. Ye kya ho raha hai. Come on Indians use cheaper , Indian , ample , unsubsidized , good and right stuffs , services , commodities and deeds . Thank toy very much for reading.
    Reply

    Go to Top