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Rupee slumps 8 paise to 67.35

The dollar firmed up against some global currencies, which weighed on the domestic currency

Currency, bonds: Rupee beats global storm

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.
 

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First Published: Jul 05 2016 | 9:42 AM IST

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