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Rupee drops 7 paise against dollar in early trade
The rupee dropped further by 7 paise to 64.00 against the US currency in early trade. Sensex regained the 32,000 -mark by surging 155.78 points, or 0.48 per cent, to 32,037.94 in early trade.
Mumbai: The rupee dropped further by 7 paise to 64.00 against the US currency in early trade.
Also Read: Rupee spurts 22 paise to 63.83 against dollar
The rupee opened lower at 63.98 per dollar against last close of 63.93 per dollar. It moved in a range of 64.01 per dollar to 63.98 per dollar in morning trade.
Yesterday, the rupee had retreated from its one-month high to end lower by 15 paise to 63.93 a dollar on overwhelming demand for the American currency from corporates and banks.
Also Read: Rupee appreciates 7 paise against dollar to 64.03
Meanwhile, the benchmark BSE Sensex regained the 32,000 -mark by surging 155.78 points, or 0.48 per cent, to 32,037.94 in early trade today.