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Rupee plunges 19 paise against US dollar

Press Trust of India  |  Mumbai 

The rupee fell further by 19 paise to 64.27 against the in early trade today due to strong demand for the American currency from importers amid foreign fund outflows.

Dealers said early losses in domestic equity markets also influenced the rupee.

Besides, strength in the against some other currencies overseas weighed on the rupee sentiment, they said.

Yesterday, the rupee had tumbled by 24 paise to hit a fresh one-week low of 64.08 against the

Meanwhile, the benchmark tanked 336.46 points, or 1.06 per cent, to 31,194.87 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 11 2017. 09:57 IST