Forex Rates Today: Rupee Slips 15 Paise to 69.01 Against US Dollar
The local currency had lost 2 paise at 68.86 against the US currency on stray dollar demand from importers.
Mumbai, Jul 24: The rupee weakened by 15 paise to 69.01 against the US dollar today, hurt by fresh demand for the American currency from importers. Traders said besides fresh demand of the US currency from importers, dollar's firmness against some currencies overseas weighed on the domestic unit.
However, a higher opening of the stock market capped the rupee's fall.
The local currency had lost 2 paise at 68.86 against the US currency on stray dollar demand from importers. Meanwhile, the benchmark BSE Sensex surged 150.74 points, or 0.41 per cent, to hit an all-time high of 36,869.34 in opening trade today.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)