As per the latest reports from Business, the Indian rupee has reported a decline of around 15 paise to Rs 52.17 per US dollar in early trade on the Interbank Foreign Exchange today in the middle of growing demand for the American currency from importers.
Additionally, there was pressure on the Indian rupee due to a weak opening in the equity market.
While talking to media, a dealer said, “Month-end dollar demand from importers and a lower opening in the equity market mainly weighed on the rupee sentiment.”
The rupee had lost 7 paise to close at Rs 52.02/03 against the US Dollar in yesterday’s trade on weakness in domestic stocks among fresh dollar requirement from importers.
The BSE benchmark Sensex fell by 158.77 points, or 0.99 per cent, to 15,849.57 in early trade today.
