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Rupee down 12 paise against U.S. dollar in early trade

The rupee weakened by 12 paise to 65.09 against the U.S. dollar in early trade on Wednesday.Besides, the dollar’s gain against other currencies overseas and a lower opening in the domestic equity market put pressure on the rupee, dealers said.On Tuesday, the rupee ended at 64.97 per dollar at the Interbank Foreign Exchange market.Meanwhile, the benchmark BSE Sensex dropped by 156.11 points, or 0.57 per cent, to 27,097.33.

 

Source:http://www.thehindu.com/business/markets/rupee-down-12-paise-against-us-dollar-in-early-trade/article7813178.ece

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