Saturday, December 27, 2025 | 05:16 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Rupee slips 6 paise against dollar

Increased demand for the dollar from importers affected the value of the rupee

An employee counts rupee notes at a cash counter inside a bank in Agartala

An employee counts rupee notes at a cash counter inside a bank in Agartala

Press Trust of India Mumbai
The rupee depreciated 6 paise to 66.70 against the US currency in early trade today at the Inter-bank Foreign Exchange due to increased demand for the dollar from importers.

Dealers attributed the rupee's fall to increased demand for the US currency, but a higher opening of the domestic equity market and the dollar's weakness against some currencies overseas capped the losses.

The rupee had dropped 21 paise to end at 66.64 on Wednesday on fag-end dollar demand from banks and importers despite a sharp rally in domestic equities.

Forex market remained closed on Thursday and Friday for 'Ambedkar Jayanti' and 'Ram Navami', respectively.
 

Meanwhile, the benchmark BSE Sensex rallied 193.97 points, or 0.76%, to 25,820.72 in early trade.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 18 2016 | 9:42 AM IST

Explore News