Falling for the fourth straight day, the rupee weakened on Tuesday by another 11 paise to 60.64 against the U.S. currency in early trade at the Interbank Foreign Exchange market due to dollar’s gains against other rivals overseas, according to Indian news agency PTI.
Forex dealers said besides dollar’s gains against other currencies, increased demand for the American unit from importers put pressure on the rupee, but a higher opening in the domestic equity market limited the losses.
GMT 11:02 2018 Tuesday ,11 December
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U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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