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Rupee down 3 paise against dollar in early trade

Press Trust of India  |  Mumbai 

The rupee was trading lower by 3 paise at 64.44 against the in early trade today on foreign fund outflows amid increased demand for the American currency from importers and a lower opening of the domestic

However, a weak dollar against major global currencies capped the losses, dealers said.

The domestic unit closed higher by 26 paise at 64.41 in the previous session on Thursday on account of fresh selling of the American currency by exporters, besides a weakness in the greenback overseas.

market remained shut on Friday on account of 'Dr Babasaheb Ambedkar Jayanti' and 'Good Friday'.

Meanwhile, the benchmark shed 24.78 points, or 0.08 per cent, to 29,436.67 in early deals.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 17 2017. 09:42 IST