| Date: |
06-01-2011 |
| Subject: |
Rupee Down Against Dollar in Early Trade |
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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 yesterday’s session.
Meanwhile, the Bombay Stock Exchange benchmark Sensex recovered by 124.75 points, or 0.62 per cent to 20,425.85 in the opening trade today.
Source : thehindu.com
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