An employee counts Indian currency notes at a cash counter inside a bank in Kolkata June 18, 2012. The Indian rupee gained in early trade on Monday as risk assets rallied after Greece elections gave a slim majority to pro-bailout parties, with the focus shifting to the central bank policy decision later in the day. REUTERS/Rupak De Chowdhuri (INDIA - Tags: BUSINESS) | Photo Credit: RUPAK DE CHOWDHURI
Continuing its weakening trend for the second straight session, the rupee fell by another 10 paise to 63.51 against the dollar on persistent demand for the American currency from banks and importers in line with a strong greenback in overseas markets.
Sustained foreign capital inflows into the equity market in view of the second consecutive day of gain in the Sensex restricted the rupee’s fall against the dollar, a forex dealer said.
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Published on July 16, 2015
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