Dynamite News
Rupee drops 16 paise against US dollar
The rupee dropped by 16 paise to 64.16 against the US dollar in early trade. Sensex advanced by 120.62 points, or 0.37 per cent, to 32,307.03 in early trade.
Mumbai: The rupee dropped by 16 paise to 64.16 against the US dollar in early trade.
Yesterday, the rupee had ended four paise higher at 64.00 on fresh selling of the American currency by exporters amid heavy foreign capital outflows.
Meanwhile, the benchmark BSE Sensex advanced by 120.62 points, or 0.37 per cent, to 32,307.03 in early trade.
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