22 June,2009 11:21 AM IST | | PTI
The Indian rupee on Monday plunged by six paise at 48.14 against the US currency in early trade on increased dollar demand from importers and a strong American unit in the overseas market.
At the Interbank Foreign Exchange (forex) market, the domestic currency lost six paise to quote at 48.14 over previous close of 48.08/09.
Forex dealers said heavy dollar demand from importers and strengthening dollar against major currencies mainly led to the fall in rupee.
