For representational purposes (File | Reuters) 
Business

Rupee plunges 19 paise against US dollar

The rupee fell further by 19 paise to 64.27 against the US dollar in early trade today due to strong demand for the American currency from importers.

From our online archive

MUMBAI: The rupee fell further by 19 paise to 64.27 against the US dollar in early trade today due to strong demand for the American currency from importers amid foreign fund outflows.

Dealers said early losses in domestic equity markets also influenced the rupee.

Besides, strength in the US dollar against some other currencies overseas weighed on the rupee sentiment, they said.

Yesterday, the rupee had tumbled by 24 paise to hit a fresh one-week low of 64.08 against the US dollar.

Meanwhile, the benchmark BSE Sensex tanked 336.46 points, or 1.06 per cent, to 31,194.87 in early trade today.

Indian student found dead in California, six days after going missing

Don't turn AI-Mela into a jhamela: How India can go beyond PR at its AI Summit

Debate, vote on motion to remove LS Speaker Om Birla to be taken up on March 9: Rijiju

After Pawar’s plane crash, Centre holds 'very thorough' study of NSOPs, uncontrolled airfields

Bangladesh seeks to reset India ties; onus on New Delhi to recognise changed reality: Tarique's advisor

SCROLL FOR NEXT