Rupee turned week by 16 paise to 67.35 against dollar

On Tuesday early morning after rising for nine straight days, the rupee turned weak by 16 paise to 67.35 at the foreign exchange market.

Forex dealer said, "The US dollar's gains against some currencies overseas and a lower opening in the domestic equity market put the rupee on the back foot".

The domestic unit suspended between  67.3875 and 67.2850 per dollar. It is stood that the dollar near a 10-week low against the yen early today as Japanese currency goes up.

On Tuesday the benchmark BSE Sensex fell by 24.80 points, or 0.08 percent, to 28,414.48 in early trade.

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