Rupee sheds 10 paise against dollar

| Updated on August 11, 2011

The rupee extended its fall against the US dollar for the eighth consecutive session in early trade on Thursday on persistent dollar demand from banks in view of dollar firmness in the overseas markets.

The rupee resumed lower at Rs 45.30/31 per dollar on the Interbank Foreign Exchange against its previous close of 45.25/26 per dollar and dropped further to Rs 45.50 per dollar before quoting at 45.35/36 per dollar at 10.30 a.m.

The domestic currency moved in a range between Rs 45.30 and Rs 45.50 per dollar during morning deals.

Published on August 11, 2011

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