Rupee down by 4 paise against dollar in early trade

Friday, July 29, 2011
Print Print Email Email
Mumbai: The Indian rupee lost 4 paise to Rs 44.11 per US dollar in early trade on the Interbank Foreign Exchange today, weighed down by dollar gains against other Asian currencies overseas and a weak trend in the stock market. Forex dealers said strengthening of the dollar against other Asian currencies and a lower opening in the stock market amid month-end dollar demand from importers mainly put pressure on the rupee. The rupee settled just 1 paise higher at Rs 44.07/08 against the US dollar in yesterday's see-saw session on alternate bouts of buying and selling. Meanwhile, the Bombay Stock Exchange benchmark Sensex fell by 75.10 points, or 0.41percent, to 18,134.42 in opening trade today.
Source: PTI
Looking For Loan? Let us Help you !!!
Loan Amount
Annual Income
Preferred banks
Type the characters you see in the picture
Brookfield to buy RIL E-W Pipeline
Canadian investor Brookfield has acquired the loss-making East-West Pipeline Ltd from Mukesh Amba..
Bharti Airtel board approves
Telecom major Bharti Airtel on Thursday said its board of directors has approved fund raising ..
Banks need to raise own capital
Public Sector Banks (PSBs) may raise capital themselves to meet regulatory and growth ..
90% of developing economies
Ninety per cent of developing economies, including India are falling behind or are at risk of fall..