Rupee weakens on month-end dollar demand
Bearish sentiments in equity markets affect rupee
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The rupee weakened in early trades today due to month end dollar demand from importers. Bearish sentiments in equity markets also contributed to the weakness.
At 10:00 am, the rupee was trading at Rs 61.94 compared with previous close of Rs 61.88 per dollar.
The rupee is seen weakening further during the day, said currency dealers.
At 10:00 am, the rupee was trading at Rs 61.94 compared with previous close of Rs 61.88 per dollar.
The rupee is seen weakening further during the day, said currency dealers.
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First Published: Jan 22 2014 | 10:11 AM IST