shot-button
Ganesh Chaturthi Ganesh Chaturthi
Home > News > India News > Article > Rupee down 18 paise a dollar in early trade

Rupee down 18 paise a dollar in early trade

Updated on: 19 November,2009 10:36 AM IST  | 
PTI |

The Indian rupee today depreciated by 18 paise to 46.38 against the US currency in early trade on expectations of capital outflows by foreign funds and dollar demand from importers.

Rupee down 18 paise a dollar in early trade

The Indian rupee today depreciated by 18 paise to 46.38 against the US currency in early trade on expectations of capital outflows by foreign funds and dollar demand from importers.


At the Interbank Foreign Exchange (Forex) market, the domestic unit traded 18 paise down at 46.38 a dollar.


The rupee ended 10 paise higher at 46.20/21 against the US currency in the previous session.


Forex dealers said expectations of more capital outflows by foreign funds as stock market may remain weak in early trade in tandem with weak Asian markets and demand for the US dollar from importers mainly put pressure on the Indian rupee.

Meanwhile, in a choppy trade, the benchmark Sensex ended lower by 51.87 points or 0.30 per cent yesterday.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK