For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Rupee loses 4 paise in early trade

    |

    The rupee has lost 4 paise in trade and was last trading at Rs 55.67 to the dollar. The rupee last week lost heavy ground on a sharp drop in equities and also on dollar strength across a basket of currencies.

    Dealers believe that the rupee could remain rangebound. Forex dealers said the dollar strengthening against the euro in the global market also put pressure on the rupee but the yen's gain and a higher opening in the domestic equity market limited the rupee's fall. The domestic currency had closed lower by four paise at fresh six-month low of 55.63 against the dollar in the previous session on Friday.

     

    Meanwhile, the BSE Sensex rose 140 points in early trade today.

    With inputs from PTI

    Read more about: currency
    Story first published: Monday, May 27, 2013, 10:22 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more