Rupee down by 4 paise

Mumbai: The Indian rupee lost 4 paise to Rs 44.11 per US dollar in early trade on the Interbank Foreign Exchange today, weighed down by dollar gains against other Asian currencies overseas and a weak trend in the stock market. Forex dealers said strengthening of the dollar against other Asian currencies and a lower opening […]

Odishatv Bureau
  • Published: Friday, 29 July 2011
  • Last updated: 29 July 2011, 10:24 AM IST

Recommended Stories

'Nestle selling baby products with higher sugar content': CCPA asks FSSAI to look into claims of Swiss NGO
Bengaluru: 20 energy firms create alliance for EV charging via UPI-like system in India
Man earns Rs 3.8 crore annually by working only for 20 minutes a day!
'World's bright spot': IMF applauds India for maintaining fiscal discipline in election year
India's electronics industry sees 154% growth; women dominate workforce: Report
IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
Mumbai: The Indian rupee lost 4 paise to Rs 44.11 per US dollar in early trade on the Interbank Foreign Exchange today, weighed down by dollar gains against other Asian currencies overseas and a weak trend in the stock market.

Forex dealers said strengthening of the dollar against other Asian currencies and a lower opening in the stock market amid month-end dollar demand from importers mainly put pressure on the rupee.

The rupee settled just 1 paise higher at Rs 44.07/08 against the US dollar in yesterday`s see-saw session on alternate bouts of buying and selling.

Meanwhile, the Bombay Stock Exchange benchmark Sensex fell by 75.10 points, or 0.41 per cent, to 18,134.42 in opening trade today.

scrollToTop

Copyright © 2024 - Odisha Television Limited All Rights Reserved.