Rupee hits 67-mark, tanks 24 paise vs dollar in early trade
The dollar was firm against some global currencies which also weighed on the rupee, dealers said
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The rupee again hit the 67-mark against the US dollar after plunging 24 paise in early trade today on sustained demand for the American currency from importers and bankers amid a lower opening in the domestic equity market.
The dollar was firm against some global currencies which also weighed on the rupee, dealers said.
On Friday, the local currency ended 5 paise lower at 66.76 a dollar on persistent demand for the US dollar from banks and importers and weakness in equities.
Meanwhile, the benchmark BSE Sensex fell by 263.24 points or 0.98% to 26,372.51 in early trade.
The dollar was firm against some global currencies which also weighed on the rupee, dealers said.
On Friday, the local currency ended 5 paise lower at 66.76 a dollar on persistent demand for the US dollar from banks and importers and weakness in equities.
Meanwhile, the benchmark BSE Sensex fell by 263.24 points or 0.98% to 26,372.51 in early trade.
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First Published: Jun 13 2016 | 9:48 AM IST