Forex

Rupee weakens by 21 paise against dollar

| Updated on August 25, 2011 Published on August 25, 2011

The rupee dropped further by 21 paise to Rs 46.20 per US dollar in the early trade today on month-end dollar demand from importers and banks, coupled with a higher greenback in overseas markets.

The domestic unit resumed lower at Rs 46.10/12 per dollar at the Interbank Foreign Exchange market against its previous close of Rs 45.99/46.00 per dollar. It moved down further to Rs 46.20 per dollar before quoting at Rs 46.15/16 per dollar at 10.30 a.m.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on August 25, 2011
This article is closed for comments.
Please Email the Editor