Rupee down 3 paise against dollar in early trade

Dealers attributed the domestic currency's fall to dollar gains against other currencies overseas

<a href="http://www.shutterstock.com/pic-145704104/stock-photo-indian-currency-rupees-and-coins.html?src=p5N32CFr8-mqwY5wKad6IA-1-63" target="_blank"> Rupee image </a> via Shutterstock.com
Press Trust of India Mumbai
Last Updated : May 09 2014 | 10:04 AM IST
The rupee today fell marginally by 3 paise to 60.10 against the dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency overseas.

Dealers attributed the domestic currency's fall to dollar gains against other currencies overseas, but a higher opening in the domestic equity market capped rupee's losses.

The rupee had gained 6 paise to close at 60.07 against the dollar in yesterday's trade on fresh selling of the American currency by banks and exporters in view of strong capital inflows.

Meanwhile, the benchmark BSE Sensex was up by 38.72 points, or 0.17%, at 22,382.76 in early trade today.
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First Published: May 09 2014 | 9:55 AM IST

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