For Quick Alerts
For Daily Alerts

    Rupee Loses 19 Paise Against Dollar In Early Trade

    By Super

    The rupee depreciated 19 paise to 63.93 against the dollar in early trade today at the Interbank Foreign Exchange due to rise in the greenback against other currencies overseas buoyed by a possible US Fed rate hike.

    Dealers also attributed the rupee's fall to increased demand for the US currency from importers. 

    Rupee Loses 19 Paise Against Dollar In Early Trade
    69.700 US Dollar
    However, a higher opening in the domestic equity market capped the losses to some extent.

    Yesterday, the rupee surged 30 paise to close at a two-week high of 63.74 on selling of the greenback by banks and exporters owing to a lower dollar overseas.

    Meanwhile, the benchmark BSE Sensex recovered 213.52 points, or 0.76 per cent, to 28,285.45 in early trade today.


    Read more about: dollar
    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