Rupee weakens 15 paise against dollar in early trade

Mumbai: The rupee depreciated by 15 paise to 62.39 against the dollar in early trade today on the Interbank Foreign Exchange as the American currency firmed up overseas on upbeat US jobs report.Besides, increased demand
rupee weakens 15 paise against dollar in early...
PTI 10 Apr 2015, 10:58:12 AM IST

Mumbai: The rupee depreciated by 15 paise to 62.39 against the dollar in early trade today on the Interbank Foreign Exchange as the American currency firmed up overseas on upbeat US jobs report.

Besides, increased demand for the dollar from importers and a lower opening in the domestic equity market weighed on the local currency, forex dealers said.

The rupee had ended steady at 62.24 against the dollar in yesterday's trade due to uneven demand-supply transactions of the US currency from banks.

Meanwhile, the benchmark BSE Sensex fell by 59.29 points, or 0.21 per cent, at 28,825.92 in early trade today.

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