Re falls by 21 paise in early trade

Explore Business Standard

The Indian rupee today depreciated by another 21 paise to trade at 48.15 against the $ on sustained capital outflows amid heavy $ buying.
The spreading swine flu in the country and the below-normal monsoon also influenced the trading sentiment.
In fairly active trade at the Interbank Foreign Exchange market, the domestic unit resumed lower at 48.15 a $ from its overnight close of 48.36/37.
Heavy $ buying in non-deliverable futures and contraction in overseas markets also put pressure on the rupee.
First Published: Aug 13 2009 | 11:40 AM IST