Home »  Money

Rupee down 3 paise against dollar in early trade

Friday, 9 May 2014 - 9:51am IST | Agency: PTI

The rupee on Friday fell marginally by 3 paise to 60.10 against the dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency overseas.

Dealers attributed the domestic currency's fall to dollar gains against other currencies overseas, but a higher opening in the domestic equity market capped rupee's losses.

The rupee had gained 6 paise to close at 60.07 against the dollar in on Thursday's trade on fresh selling of the American currency by banks and exporters in view of strong capital inflows.

Meanwhile, the benchmark BSE Sensex was up by 38.72 points, or 0.17%, at 22,382.76 in early trade on Friday.

Jump to comments

Recommended Content