Rupee down 5 paise against dollar

Updated - July 29, 2011 at 12:03 PM.

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The rupee declined marginally by 5 paise to Rs 44.12 per US dollar in the early trade today on month-end dollar demand from importers despite dollar’s weakness in the overseas markets.

The domestic unit resumed steady at Rs 44.06/07 per dollar at the Interbank Foreign Exchange, against its overnight close of 44.07/08 per dollar, but declined immediately to Rs 44.12 per dollar before quoting at Rs 44.09/10 per dollar at 10.30 a.m.

Published on July 29, 2011 06:33