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1-min read

Rupee at 62.30 vs US dollar, down by 21 paise

The rupee had shed 8 paise to close at 62.09 against the dollar in Wednesday's trade.

CNN-IBN

Updated:December 19, 2013, 9:34 AM IST
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Rupee at 62.30 vs US dollar, down by 21 paise
The rupee had shed 8 paise to close at 62.09 against the dollar in Wednesday's trade.

Mumbai: Extending its losses for the third straight day, the rupee fell by another 21 paise to 62.30 against the dollar in early trade on Thursday on the Interbank Foreign Exchange market due to appreciation of the American unit against other currencies overseas.

The rupee had shed 8 paise to close at 62.09 against the dollar in Wednesday's trade. Dealers attributed the rupee's fall to dollar gains against other currencies overseas, but a higher opening in the domestic equity market capped the fall.

Meanwhile, the benchmark BSE Sensex on Thursday surged by 157.59 points, or 0.75 per cent, to 21,017.45 in early trade.

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