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Rupee sheds 3 paise against US dollar in early trade
The rupee depreciated 3 paise to 64.96 against the US dollar in early trade at the forex market on increased demand for the US currency from importers and foreign fund outflows.
Mumbai: The rupee depreciated 3 paise to 64.96 against the US dollar in early trade today.
Also Read: RBI sets rupee reference rate at 64.9366 against US dollar
Yesterday, the rupee fell by 10 paise to end at 64.93 against the American currency due to sustained foreign fund outflows amid growing prospects of rate hike by the US Fed next week.
Also Read: Punjab National Bank detect another fraud case
Meanwhile, the benchmark BSE Sensex fell 136.94 points, or 0.40 per cent, to 33,548.60 in opening deals today. (PTI)
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