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  Business   Market  28 Nov 2017  Rupee down 7 paise against dollar in early trade

Rupee down 7 paise against dollar in early trade

PTI
Published : Nov 28, 2017, 9:39 am IST
Updated : Nov 28, 2017, 9:39 am IST

Rupee is trading at 64.57 against the US dollar in early trade at the interbank foreign exchange.

Weakness in the US dollar against some currencies in the global market limited the rupee fall. (Photo: PTI).
 Weakness in the US dollar against some currencies in the global market limited the rupee fall. (Photo: PTI).

Mumbai: The rupee depreciated by 7 paise to 64.57 against the US dollar in early trade on Tuesday at the interbank foreign exchange on month-end demand for the American unit from importers and banks.

However, weakness in the US dollar against some currencies in the global market limited the rupee fall, brokers said.

On Monday, the rupee had gained 20 paise to end at a fresh two-month high of 64.50 against the dollar even as S&P kept India's credit rating unchanged.

Meanwhile, the benchmark BSE Sensex was trading lower by 85.12 points, or 0.25 per cent, at 33,639.32 in opening deals.

Tags: rupee, dollar, american currency, indian currency, interbank foreign exchange
Location: India, Maharashtra, Mumbai (Bombay)