Indian currency slips by 5 paise against USD

In opening session today, the value of Indian Currency aka rupee has weakened by 5 paise against the US currency.

According to the forex dealers, "month-end demand for the US currency from importers and a lower opening in the domestic equity market put pressure on the rupee."

"A weak dollar overseas however provided some cushion to the domestic currency", they added.

However, the benchmark BSE Sensex down by 150.20 pots, or 0.47 % in early trade today.

ALSO READ:

Nandan Nilekani becomes the new Infosys Chairman

Mitessh Thakkar said, Buy Aurobindo Pharma, Bajaj Finserv, BEL

Sensex increases by 179 pts while Nifty hits at 9,900

Related News

Join NewsTrack Whatsapp group