Dollar In Demand, Rupee Down 49 Paise At 59.76
Bangalore: The rupee was dealing weak by 49 paise at 59.76 verses the dollar in the mid- session on 24th June due to elevated requirement for the dollar from oil importers stemmed by the growth of the dollar overseas and heavy outflows by FIIs, reported Business Standard.
Earlier the day PTI reported that the rupee fell by 40 paise to 59.67 in early trade on the Interbank Foreign Exchange market, on fresh dollar demand.
Forex dealers said besides dollar gaining against other currencies in the global markets, a lower opening in the domestic equity market also influenced the rupee.
The rupee had gained 30 paise to close at 59.27 against the dollar.
The BSE benchmark Sensex fell by 130.56 points, or 0.70 per cent, to 18,643.68 in early trade.
(With PTI Inputs)
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