Rupee falls 6 paise to 64.59 against US dollar
Increased demand for the American currency from importers and banks kept the dollar in fine shape.
The rupee traded lower by 6 paise at 64.59 against the US dollar in early part today, pressured by a lower opening in the domestic stock market.
Increased demand for the American currency from importers and banks kept the dollar in fine shape.
Forex dealers said the euro hitting a 10-month high against the greenback, however, capped the rupee's fall.
Yesterday, the rupee had settled almost flat at 64.53 against the US currency following fag-end dollar demand.
Meanwhile, the benchmark Sensex moved down by 76.62 points, or 0.24 per cent, at 30,881.63 in early trade today.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Liquor stock under Rs 300: Can this smallcap scrip double your money in 1-2 years? Check targets by Anil Singhvi
09:52 AM IST