Rupee down 2 paise against US dollar in early trade
Ttracking weakness in other Asian currencies, the Indian rupee fell by 2 paise to Rs 45.18 against the US dollar.
PTI- Mumbai,
- Updated Dec 24, 2010 10:29 AM IST
The Indian rupee fell by 2 paise to Rs 45.18 against the US dollar in early trade at the Interbank Foreign Exchange on Friday, tracking weakness in other Asian currencies.
Month-end demand from importers for the American currency and a weak opening in the stock market also weighed on the Indian rupee.
Forex dealers said dollar gains against other Asian currencies and month-end demand for the American currency from importers also put pressure on the Indian rupee.
The rupee had ended 7 paise lower at Rs 45.16/17 against the US dollar in Thursday's session.
Meanwhile, the Bombay Stock Exchange benchmark Sensex fell by 102.52 points to 19,880.36 in opening trade on Friday.
Published on: Dec 24, 2010 10:05 AM IST