Indian rupee down 30 paise to to 61.47 against US dollar

Mar 14 2014, 10:34 IST
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Indian rupee had gained 5 paise to close at 61.17 against the United State dollar in yesterday's trade. Indian rupee had gained 5 paise to close at 61.17 against the United State dollar in yesterday's trade.
SummaryA weak opening of the domestic equity market puts pressure on the Indian rupee,

The rupee lost 30 paise to 61.47 against the US dollar in early trade today on the Interbank Foreign Exchange market due to increased demand for the American currency from importers amid appreciation of the greenback overseas.

Besides, a weak opening of the domestic equity market also put pressure on the rupee, dealers said.

The rupee had gained 5 paise to close at 61.17 against the dollar in yesterday's trade on fresh selling of the US currency by exporters.

Meanwhile, the benchmark BSE Sensex fell by 144.44 points, or 0.66 per cent, at 21,630.17 in early trade today.

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