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Rupee Down by 4 Paise Against US Dollar in Opening Trade.


Date: 04-02-2011
Subject: Rupee Down by 4 Paise Against US Dollar in Opening Trade
The Indian rupee fell by 4 paise to Rs45.65 against the US dollar in early trade at the Interbank Foreign Exchange today, weighed down by gains registered by the greenback against other currency rivals.

Forex dealers said besides dollar gains against other Asian currencies, a weak opening in the stock market due to foreign fund outflows also put pressure on the Indian rupee.

The Indian rupee had ended flat at 45.61/62 against the US currency yesterday.

The Bombay Stock Exchange benchmark Sensex opened 58.35 points lower at 18,390.78 in opening trade today.

Source : dnaindia.com

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