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  Business   Market  24 Jul 2017  Rupee down by 11 paise against dollar in early trade

Rupee down by 11 paise against dollar in early trade

PTI
Published : Jul 24, 2017, 10:02 am IST
Updated : Jul 24, 2017, 10:02 am IST

Rupee is trading at 64.43 against US dollar in opening session due to fresh dollar demand from importers.

 A higher opening in domestic equities limited the rupee's fall.
  A higher opening in domestic equities limited the rupee's fall.

Mumbai: The rupee today dropped by 11 paise to 64.43 against the US currency in the opening session due to fresh dollar demand from importers.

The rupee opened lower at the interbank foreign exchange market and slid by 11 paise to 64.43 per dollar in early trade. It had closed at 64.32 per dollar on Friday.

The US dollar sliding against other currencies overseas and a higher opening in domestic equities limited the rupee's fall, dealers said.

The benchmark BSE Sensex surged by 107.02 points to touch all-time high of 32,135.91 points in early session today as oil, banking and IT stocks gained.

Tags: rupee, dollar, american currency, indian currency, interbank foreign exchange
Location: India, Maharashtra, Mumbai (Bombay)