Rupee Subside 18 paise against Dollar

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The Indian rupee Diminution 18 paise to 65.13 adverse the US dollar at the Interbank Foreign Exchange in early trade today on buying of the US currency by importers.

The Indian rupee Diminution 18 paise to 65.13 against the US dollar at the Interbank Foreign Exchange in early trade today on buying of the US currency by importers.
The dollar was firm against major global currencies which dampened rupee price, dealers said.

The Indian rupee also fell due to fresh demand for the dollar from importers, but a higher opening in equity markets capped the detriment, they said

Yesterday, the rupee recuperated by 46 paise to close at an eight-week high of 64.95 against the US dollar on fresh selling of the American currency by banks and exporters on persistent foreign capital inflows into domestic equities.
Meanwhile, the benchmark Sensex rose 84.26 points, or 0.31 per cent, to 27,120.11 opening trade.

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