MUMBAI: The rupee weakened through 7 paise to 65.11 against the greenback in early trade on Monday due to larger demand for the American currency from importers as the dollar bolstered against other currencies in another country.
The greenback was once firm against some international currencies which weighed on the rupee, however a higher opening of the domestic fairness market capped the losses, dealers stated.
On Wednesday, the rupee had ended marginally decrease through 2 paise at 65.04 against the United States greenback in a extremely unstable trade consultation.
Forex market remained closed on Thursday and Friday as a result of Diwali vacations.
Meanwhile, the benchmark BSE Sensex rose through 223.86 issues, or zero.69 in keeping with cent, at 32,613.82 in early trade.
The greenback was once firm against some international currencies which weighed on the rupee, however a higher opening of the domestic fairness market capped the losses, dealers stated.
On Wednesday, the rupee had ended marginally decrease through 2 paise at 65.04 against the United States greenback in a extremely unstable trade consultation.
Forex market remained closed on Thursday and Friday as a result of Diwali vacations.
Meanwhile, the benchmark BSE Sensex rose through 223.86 issues, or zero.69 in keeping with cent, at 32,613.82 in early trade.
Rupee declines 7 paise against US dollar
![Rupee declines 7 paise against US dollar]()
Reviewed by Kailash
on
October 24, 2017
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