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Rupee stays on shaky wicket, slips 8 paise to 66.79

Continued demand for the dollar from importers and banks and a lower opening in the domestic equity market weighed

Press Trust of India  |  Mumbai 

Currency, bonds: Rupee beats global storm

Extending its slide for the third straight day, the shed another 8 paise to 66.79 against the dollar in early trade today on appreciation of the American currency against others overseas.

Besides, continued demand for the dollar from importers and banks and a lower opening in the domestic equity market weighed, dealers said.

The had lost 18 paise to close at 66.71 against the dollar in yesterday's trade on persistent demand for the American currency on the back of a higher greenback overseas despite sustained foreign capital inflows in domestic equities.

Meanwhile, the benchmark dropped 101.74 points, or 0.40%, to 25,228.75 in early trade.

First Published: Wed, March 23 2016. 09:28 IST
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