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Rupee dives 17 paise against dollar in early trade

Press Trust of India  |  Mumbai 

The declined by 17 paise to 68.85 per in early trade today due to appreciation of the American overseas.

A weak trend at also weighed on sentiment at the

Forex dealers said increased demand for the US from importers and its gains against other currencies overseas put pressure on the

Yesterday, the domestic unit had ended lower by 5 paise to 68.68 against the US on renewed buying interest for the greenback even as domestic equities remained in a triumphant mode.

Meanwhile, the benchmark BSE Sensex slipped from its record high, falling 106.02 points, or 0.27 per cent, to 37,918.35. The NSE Nifty too fell 25.50 points, or 0.22 per cent, to 11,445.20 in early trade today.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 10 2018. 09:30 IST