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Rupee down 19 paise in opening trade

PTI     October 5, 2010
The Indian rupee weakened by 19 paise to 44.77, against the US dollar in the early trade at the Interbank Foreign Exchange on Tuesday.

Rising demand for dollar from importers and weak opening at the domestic stock market, coupled with the US currency gaining against other major currencies hurt the Indian currency's sentiment, forex traders said.

The rupee had ended 11 paise lower to close at 44.58/59 in the previous session.

Meanwhile, the Bombay Stock Exchange 30-share index declined 67.79 points, or 0.33 per cent, at 20,407.94 in opening trade on Tuesday.

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