BSE Sensex is up by 167.57 points in early trade
Rupee is trading at 60.15/16 versus its previous close of 60.1250/1350; Picture used for representational purpose. (Photo: PTI/File)
Mumbai: The rupee lost 6 paise to 60.25 against the US dollar in early trade on Friday at the Interbank Foreign Exchange market, due to appreciation of the Americancurrency against other currencies 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.Moving in tandem with equities, the rupee tumbled 44 paise, posting its biggest drop in nearly a month, to end at 60.19 against the dollar.
Meanwhile, the benchmark BSE Sensex was up by 167.57points, or 0.66 per cent, at 25,540.32 in early trade.
( Source : PTI )
Next Story
