Rupee at 5-month low, down 47 paise against USD in early trade

The rupee had touched a record intra-day low of 54.32 on December 15, 2011.
Forex dealers said apart from the dollar's gains against the euro and other currencies overseas on renewed euro-zone worries, a weak opening in the equity market and increased demand for the American currency from importers mainly put pressure on the rupee.
Meanwhile, the BSE benchmark Sensex was down by 252.07 points, or 1.54 per cent, at 16,076.18 in early trade.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 17 2012 | 4:33 AM IST
