Rupee falls 31 paise against US dollar in opening trade : The Tribune India

Join Whatsapp Channel

Rupee falls 31 paise against US dollar in opening trade

MUMBAI: The rupee depreciated 31 paise to 64.52 against the US dollar in opening trade at the interbank forex market on Tuesday on increased demand for the greenback from importers and banks.



Mumbai, February 20

The rupee depreciated 31 paise to 64.52 against the US dollar in opening trade at the interbank forex market on Tuesday on increased demand for the greenback from importers and banks.

A strong dollar in overseas markets weighed on the Indian rupee, a currency dealer said.

On Friday, the rupee had ended 30 paise lower at 64.21 against the US dollar on rising global crude prices and worsening trade deficit.

On a net basis, foreign investors withdrew Rs 895.79 crore from stocks on Monday, according to provisional FPI data.

The dollar recovered from a 15-month low against the yen to trade at 106.75, up 0.15 per cent for the day.

Meanwhile, the benchmark BSE Sensex rose 157.24 points, or 0.46 per cent, to 33,931.90 in early trade on Tuesday. PTI

Top News

Chief Judicial Magistrate's court in UP's Banda orders judicial inquiry into death of gangster-politician Mukhtar Ansari

UP court orders judicial probe into gangster-politician Mukhtar Ansari’s death, seeks report in a month

Ghazipur MP Afzal Ansari on Tuesday alleged that his brother...

‘Heart attack or poisoning’: The life and times of Mukhtar Ansari—crime and politics

‘Heart attack or poisoning’: The life and times of Mukhtar Ansari—crime and politics

Eastern parts of Uttar Pradesh are among the poorest regions...

Mahagathbandhan announces LS seat-sharing for Bihar; RJD to contest 26, Congress 9

Mahagathbandhan announces Lok Sabha seat-sharing for Bihar; RJD to contest 26, Congress 9

High-decibel contest seems on the cards in Hajipur, where RJ...


Cities

View All