Rupee slumps 8 paise to 67.35
The dollar firmed up against some global currencies, which weighed on the domestic currency
Press Trust of India Mumbai The rupee lost some ground as it weakened by 8 paise to 67.35 against the dollar at the forex market today following fresh demand for the American unit from importers and banks amid a lower opening in domestic equities.
The dollar firmed up against some global currencies, which weighed on the rupee, dealers said.
Yesterday, the local currency rose 5 paise to close at a two-week high of 67.27 on sustained selling of dollars by banks and exporters on the back of a higher opening in the domestic stock market.
Meanwhile, the benchmark BSE Sensex fell 33.44 points, or 0.12%, to 27,245.32 in early trade.