Wednesday, January 5, 2011

Rupee down by 4 paise against dollar

MUMBAI: The Indian rupee fell marginally by 4 paise to Rs 45.36 a dollar in early trade at Interbank Foreign Exchange on Thursday.

Forex dealers said dollar's gains against other Asian currencies along with demand for the US dollar from importers put pressure on the rupee.

However, higher opening at the stock market limited its losses, they said.

The rupee had fallen by 34 paise to close at two-week low of Rs 45.32/33 against the US dollar in Wednesday's session.

Read more: Rupee down by 4 paise against dollar - The Times of India http://timesofindia.indiatimes.com/business/india-business/Rupee-down-by-4-paise-against-dollar/articleshow/7227487.cms#ixzz1AEOEy6H7

No comments: