[Mumbai]Indian Rupee Shrinks 17 Paise Against American Dollar In Early Market
The Indian rupee depreciated by another 17 paise to 66.63 against the dollar in early trade today as the US currency strengthened in overseas markets.
Forex dealers said persistent demand for the dollar from importers and sustained capital outflows by foreign funds also weighed on the rupee.Early gains in stock markets, however, limited the rupee losses against dollar
The rupee had declined by 22 paise to settle at 66.46 against the US dollar on Friday on persistent demand for the American currency from banks and importers amidst foreign capital outflows.
Meanwhile, the benchmark Sensex rose by 148.11 points, or 0.59 per cent, to 25,350.01 in early trade
Tag: Indian Rupee Shrinks Against Dollar
Indian Rupee Shrinks Against US Dollar+Pound
[Mumbai]Indian Rupee Shrinks Against US Dollar+Pound
The US dollar ended sharply higher against the rupee at 66.65/66 per dollar and the pound sterling also finished higher at Rs 104.78/80 per pound at the close of the Interbank Foreign Exchange market today.
Following are the Interbank Forex and RBI rates:
(In Rs Per Unit) Unit Interbank RBI Reference US Dollar 66.65/66 US Dollar Rs. 66.5093 Pound Sterling 104.78/80 Euro Rs. 76.2729 Euro 76.64/66 Japanese Yen(100) 55.
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