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Rupee down 26 paise against US dollar in early trade

Press Trust of India Mumbai

Strong dollar gains against euro and other currencies overseas and a lower opening in the domestic equity market also put pressure on the rupee, a forex dealer said.

The rupee had closed 23 paise lower at nearly four-month low of 52.96/97 against the US currency in yesterday's trade on strong dollar demand.

Meanwhile, the BSE benchmark Sensex fell by 103.02 points, or 0.60 per cent, to 17,198.89 in early trade. PTI SUN RS KPS

YB

  

 

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First Published: May 03 2012 | 10:15 AM IST

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