Forex

Rupee down in early trade

PTI Mumbai | Updated on November 15, 2017 Published on April 04, 2012

The rupee fell by 25 paise to Rs 50.97 against the American currency on the Interbank Foreign Exchange in early trade today, weighed down by dollar’s gains against other currencies overseas.

Dealers said besides dollar’s gains against the euro and other Asian currencies overseas, a weak opening in the stock market also put pressure on the rupee.

The rupee had ended higher by 15 paise at 50.72/73 against the dollar in the previous session amid signs of fresh capital inflows.

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Published on April 04, 2012
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