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Rupee down 8 paise against dollar

March 02, 2015 11:19 am | Updated 11:19 am IST - Mumbai

The rupee lost 8 paise to Rs 61.91 against the dollar in early trade today on the Interbank Foreign Exchange due to appreciation of the US currency overseas.

Sustained demand for the dollar from importers also weighed on the local currency but a higher opening in the domestic equity market limited the rupee’s losses, forex dealers said.

The rupee had slid 8 paise to end at 61.83 on Friday due to month-end dollar demand from importers and some banks.

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