Forex dealers said besides the dollar's gains against other currencies overseas after US data showed the economy expanded at its fastest pace since 2011 during the April-June quarter, fresh demand from importers for the American unit put pressure on the rupee.
The rupee had recovered by 19 paise to close at 61.15 against the dollar in Friday's trade in tune with local equities.
Meanwhile, the benchmark BSE Sensex fell by 82.11 points, or 0.31 percent, to 26,544.21 in morning trade on Monday.
The rupee had recovered by 19 paise to close at 61.15 against the dollar in Friday's trade in tune with local equities.
Meanwhile, the benchmark BSE Sensex fell by 82.11 points, or 0.31 percent, to 26,544.21 in morning trade on Monday.
Read more: News in Hindi and Newspaper
No comments:
Post a Comment