Rupee falls 50 paise; Sensex up over 121 points

September 03, 2013 09:59

The rupee today further depreciated by 50 paise to 66.50 against the dollar in early trade at the Interbank Foreign Exchange market due to renewed dollar demand from importers and appreciation of the US currency overseas.

Forex dealers said besides dollar's gains against the yen and euro on improved economic data, increased demand from importers for the American currency also put pressure on the rupee.

They said, however, rupee's decline was restricted by persistent rise in domestic equities.

The rupee fell by 30 paise to close at 66 against the US currency in the previous session.

Meanwhile, the BSE benchmark Sensex rose by 121.18 points, or 0.64 per cent, to trade above 19,000 at 19,007.31 in early trade today.

« Back to LIVE

TOP STORIES

Attack on High Commission in London: NIA makes first arrest

NIA investigations in the case so far have revealed that the incidents in London on March 19 and 22 last year were part of a larger conspiracy to unleash vicious attacks on the Indian missions and its officials.

Why Gavaskar Slammed Kohli...

'In the middle, he just seemed to have lost touch...So at the end of the day, when he gets out...when you are facing the strike in the first ball of the innings and you get out in the 14th or the 15th over, you have got a strike rate of...

'Confidence comes from winning, not talking': Faf hails team effort

Faf du Plessis was a relieved man after his team snapped a six-game losing streak with a 35-run win over Sunrisers Hyderabad

CM in jail: Delhi L-G postpones mayoral polls

Elections to the posts of mayor and deputy mayor of the Municipal Corporation of Delhi that were slated for April 26 were postponed on Thursday, with Lt Governor V K Saxena citing 'unprecedented' circumstances where the chief minister is...

Phase II: Touch And Go Seats

Election Commission data shows 15.88 crore (158.8 million) voters are eligible to exercise their franchise in the second phase on Friday.