Rupee Down 8 Paise Against Dollar in Early Trade

Published: 02nd March 2015 10:10 AM  |   Last Updated: 02nd March 2015 10:10 AM   |  A+A-

Mumbai: The rupee lost 8 paise to Rs 61.91 against the dollar in early trade today on the Interbank Foreign Exchange due to appreciation of the US currency overseas.         

Sustained demand for the dollar from importers also weighed on the local currency but a higher opening in the domestic equity market limited the rupee's losses, forex dealers said.      

The rupee had slid 8 paise to end at 61.83 on Friday due to month-end dollar demand from importers and some banks.                

Meanwhile, the benchmark BSE Sensex rose by 209 points, or 0.71 per cent, at 29,570.50 in early trade today.  

More from Business.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp