Rupee falls 19 paise against US dollar in early trade

DN Bureau

The rupee fell 19 paise to 69.15 against the US dollar in early trade Wednesday after crude price rose to a four-month high in global market amid increased demand for the American currency from importers.

Representational image
Representational image

Mumbai: The rupee fell 19 paise to 69.15 against the US dollar in early trade Wednesday after crude price rose to a four-month high in global market amid increased demand for the American currency from importers.

Halting its six-day winning run, the Indian rupee Tuesday edged lower by 43 paise to close at 68.96 against the US dollar on emergence of demand for the greenback from importers.

Also Read: Sensex, Nifty start on a positive note on Tuesday

Meanwhile, foreign institutional investors (FIIs) bought shares worth Rs 2,132.36 crore on a net basis Tuesday, provisional data showed.

Also Read: Rupee opens marginally higher against US dollar

The benchmark BSE Sensex gained 28.74 point.

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