Rupee down 30 paise against dollar in early trade

March 14, 2014 10:16 am | Updated May 19, 2016 08:36 am IST - Mumbai

Besides, a weak opening of the domestic equity market also put pressure on the rupee, dealers said. File photo: S.R Raghunathan

Besides, a weak opening of the domestic equity market also put pressure on the rupee, dealers said. File photo: S.R Raghunathan

The rupee lost 30 paise to 61.47 against the U.S. dollar in early trade on Friday on the Interbank Foreign Exchange market due to increased demand for the American currency from importers amid appreciation of the greenback overseas.

Besides, a weak opening of the domestic equity market also put pressure on the rupee, dealers said.

The rupee had gained 5 paise to close at 61.17 against the dollar in Thursday’s trade on fresh selling of the U.S. currency by exporters.

Meanwhile, the benchmark BSE Sensex fell by 144.44 points, or 0.66 per cent, at 21,630.17 in early trade today.

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