Monday, September 16, 2013


Rupee falls 60 paise against dollar in early      trade

MUMBAI: The rupee on Tuesday fell by 60 paise to 63.43 against the dollar in early trade today at the Interbank Foreign Exchange market as the US currency gained strength overseas.

Forex dealers said besides dollar's gains against other overseas currencies, rise in wholesale price inflation for August and fresh demand from importers for the American currency also put pressure on the rupee.

They said a lower opening in domestic equity market too weighed on the local currency. 

nitesh kumar

pgdm 1 st

 

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