Rupee down 3 paise against dollar in early trade - National Stock Exchange

Posted on:17 Apr 2017 10:47:00
Rupee down 3 paise against dollar in early trade - National Stock Exchange
17 April 2017 Current Affairs:

The rupee was trading lower by 3 paise at 64.44 against the U.S. dollar in early trade on Monday on foreign fund outflows amid increased demand for the American currency from importers and a lower opening of the domestic equity market.However, a weak dollar against major global currencies capped the losses, Forex dealers said.The domestic unit closed higher by26 paise at 64.41 in the previous session on Thursday on account of fresh selling of the American currency by exporters, besides a weakness in the greenback overseas.Forex market remained shut on Friday on account of ’Dr. Babasaheb Ambedkar Jayanti’ and ‘Good Friday.’Meanwhile, the benchmark BSE Sensex shed 24.78 points, or 0.08%, to 29,436.67 in early deals.


The rupee was trading lower by 3 paise at 64.44 against the U.S. dollar in early trade on Monday on foreign fund outflows amid increased demand for the American currency from importers and a lower opening of the domestic equity market.However, a weak dollar against major global currencies capped the losses, Forex dealers said.The domestic unit closed higher by26 paise at 64.41 in the previous session on Thursday on account of fresh selling of the American currency by exporters, besides a weakness in the greenback overseas.Forex market remained shut on Friday on account of ’Dr. Babasaheb Ambedkar Jayanti’ and ‘Good Friday.’Meanwhile, the benchmark BSE Sensex shed 24.78 points, or 0.08%, to 29,436.67 in early deals.


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