Rupee falls 17 paise against US dollar in early trade
At the interbank foreign exchange, the rupee opened weak at 71.96 and fell further to 72.05 against the US dollar.
At the interbank foreign exchange, the rupee opened weak at 71.96 and fell further to 72.05 against the US dollar.
The domestic currency finally closed at 69.26 against the US dollar, unchanged from its last closing.
At the Interbank Foreign Exchange, the rupee opened on a weak note at 73.44 and further slipped to hit an intra-day low of 73.47 against the US currency.
Unabated capital outflows by foreign funds, and heavy selling in domestic equities dampened the sentiment, dealers said.
The US dollar strengthened against its rivals ahead of the Federal Reserve's release of minutes from the September meeting.
Meanwhile, the BSE benchmark Sensex crashed 1,030.40 points, or 2.95 per cent, to hit 33,730.49 in opening trade.
However, the rupee erased some gains and finally settled for the day at 74.21 -- up by 18 paise, registering its first rise after sixth straight sessions of losses.
Sensex touched a high of 36,623.65 points and a low of 36,491.83 points during the intra-day trade.
The rupee weakened by 12 paise to 63.61 against the US dollar in opening trade at the interbank foreign exchange…
The rupee appreciated by another 16 paise to 64.73 against the dollar in early trade on Thursday amid sustained selling…