Thursday 21 August 2014

Rupee down 13 paise against the US dollar

The rupee declined by 13 paise to 60.74 against the US dollar in early trade today due to appreciation of the American unit against other currencies overseas. 
Besides, fresh demand for the US dollar from importers also put pressure on the rupee. 

The local unit had gained six paise to close at almost three-week high of 60.61 against the dollar yesterday on constant selling of the American currency by exporters and some banks amid increased inflows. 


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