Monday, 29 September 2014

Rupee down 9 paise against dollar in morning trade

A lower opening at the domestic equity market and the dollar's rise against other major currencies overseas also put pressure on the rupee, dealers said.
  
On Monday, rupee had tanked 38 paise to log nearly 7-month closing low of 61.53 against the Greenback following dollar demand from importers and some weakness in stocks ahead of the RBI policy review.
  
Meanwhile, the benchmark BSE Sensex fell 30.38 points, or 0.11 percent, to 26,566.73 in morning trade.

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