Rupee slips by 5 paise against dollar in early trade
The rupee weakened by 5 paise against dollar to trade at 63.96 in opening session. Sensex fell 150.20 points, or 0.47 per cent, to 31,600.62 in early trade.
Mumbai: The rupee weakened by 5 paise against the US currency to trade at 63.96 in opening session today due to month-end dollar demand from importers and banks.
Also Read: RBI to issue notes in denomination of Rs.200 on Friday
Yesterday, the rupee had rallied by 13 paise to end at a near three-week high of 63.91 a dollar on account of heavy selling of the US currency by exporters and banks.
Also Read: Rupee stretches gains, up 5 paise at 64.05
Meanwhile, the benchmark BSE Sensex fell 150.20 points, or 0.47 per cent, to 31,600.62 in early trade today.
Download the Dynamite News app from here.
Follow us on Facebook and Twitter. Subscribe to our Telegram channel.