Rupee down 4 paise against dollar in early trade

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 Rupee down 4 paise against dollar in early trade
The rupee today fell marginally by 4 paise to trade at fresh one-week low of 53.95 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the American currency against the euro overseas and a weak opening in the domestic equity market.

Increased month-end demand for the dollar from banks and importers also put pressure on the rupee.

PTI

Read more about: currency
Story first published: Tuesday, January 29, 2013, 10:12 [IST]
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