Fuel Crisis44 min ago
Rupee plunges 24 paise against dollar in early trade
Written By PTI
Published: | Updated:
The dollar was firm against some global currencies which also weighed on the rupee, dealers said.
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On Friday, the local currency ended 5 paise lower at 66.76 a dollar on persistent demand for the US dollar from banks and importers and weakness in equities. Image Source: Reuters
The rupee again hit the 67-mark against the US dollar after plunging 24 paise in early trade on Monday on sustained demand for the American currency from importers and bankers amid a lower opening in the domestic equity market.
The dollar was firm against some global currencies which also weighed on the rupee, dealers said.
On Friday, the local currency ended 5 paise lower at 66.76 a dollar on persistent demand for the US dollar from banks and importers and weakness in equities.
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Meanwhile, the benchmark Bombay Stock Exchange (BSE) Sensex fell by 263.24 points or 0.98% to 26,372.51 in early trade.
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