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Forex »
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In early trade, Rupee fell by 2 paise against US dollar
December, 24th 2010

The Indian rupee fell by 2 paise to Rs 45.18 against the US dollar in early trade at the Interbank Foreign Exchange today, tracking weakness in other Asian currencies.

Month-end demand from importers for the American currency and a weak opening in the stock market also weighed on the Indian rupee.

Forex dealers said dollar gains against other Asian currencies and month-end demand for the American currency from importers also put pressure on the Indian rupee.

The rupee had ended 7 paise lower at Rs 45.16/17 against the US dollar in yesterday's session.

Meanwhile, the Bombay Stock Exchange benchmark Sensex fell by 102.52 points to 19,880.36 in opening trade today.

 
 
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