Rupee loses 12 Paise against dollar in early trade
Wednesday, 28 September 2011, 18:03 IST
By PTI
By PTI
Mumbai: The Indian rupee lost 12 paise to Rs. 49.19 per U.S. dollar in early trade on the Interbank Foreign Exchange on Wednesday, amid a lower opening in the domestic stock market and the dollar gaining ground against the euro overseas.
The rupee had gained 38 paise to close at Rs. 49.07/08 against the U.S. currency in yesterday’s trade on dollar-selling by banks and exporters amid a sharp rise in the domestic equity market.
Meanwhile, the Bombay Stock Exchange benchmark Sensex was down by 16.40 points, or 0.10 per cent, at 16,507.63 in opening trade today.
The rupee had gained 38 paise to close at Rs. 49.07/08 against the U.S. currency in yesterday’s trade on dollar-selling by banks and exporters amid a sharp rise in the domestic equity market.
Meanwhile, the Bombay Stock Exchange benchmark Sensex was down by 16.40 points, or 0.10 per cent, at 16,507.63 in opening trade today.
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