The rupee fell by 10 paise to 61.51 against the dollar in early trade on Wednesday
A chit fund firm allegedly cheated its investors of Rs 53 lakh
Mumbai: The rupee fell by 10 paise to 61.51 against the dollar in early trade on Wednesday at the Interbank Foreign Exchange market due to appreciation of the US currency overseas.
Forex dealers attributed the domestic currency's fall to the dollar's gains against other global currencies and a lower opening in the domestic equity market. The rupee had ended marginally higher by one paisa at 61.41 against the American currency in yesterday's trade amid volatile markets on the back of a higher dollar overseas.
Meanwhile, the benchmark BSE Sensex was down by 58.46 points, or 0.19 per cent, at 29,512.48 in early trade on Wednesday.
( Source : PTI )
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