BSE Sensex fell by 160.88 points in early trade
The average amount of money transferred per transaction rose to $787 from $ 762 in 2013
Mumbai: The rupee lost 28 paise to58.99 against the dollar in early trade, extending weakness for the third day, on the Interbank Foreign Exchange market due to month-end demand of the US currency from importers.
Forex dealers said dollar strengthening against other Asian currencies in the global market and a lower opening of the domestic equity market also weighed on the rupee. The domestic currency had closed lower by 19 paise at 58.71 amid demand for the American currency from oil importers and late profit-booking in equities. Meanwhile, the BSE benchmark Sensex fell by 160.88 points, or 0.65 per cent, at 24,556.00 in early trade.
( Source : PTI )
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