Breaking |

Breaking |

Rupee drops 17 paise against US dollar
Published : May 18, 2018, 11:21 am IST
Updated : May 18, 2018, 11:21 am IST
SHARE ARTICLE
Rupee weakened by 17 paise
Rupee weakened by 17 paise

The rupee weakened by 17 paise to 67.87 against the US dollar in early trade at the interbank forex market today on fresh demand...

The rupee weakened by 17 paise to 67.87 against the US dollar in early trade at the interbank forex market today on fresh demand for the greenback from importers and banks. Crude oil's breach of the USD 80 per barrel-mark in a global market and a lower opening of the domestic equity market too weighed on the investor sentiment here. Dealers attributed the rupee's fall to increased demand for the US currency from importers and foreign fund outflows.

Forex marketForex market

Advertisement

However, dollar's weakness against some currencies overseas capped the losses. Yesterday, the rupee had managed to hold its ground against the US currency, gaining by 10 paise to end at 67.70 per dollar. Meanwhile, the benchmark BSE Sensex fell by 125.10 points, or 0.35 percent, to 35,024.02 in the opening trade today.

SHARE ARTICLE

PTI

Advertisement
Advertisement

Minister Hardeep Mundian teared up during the interview when he recalled PM Modi's words!

10 Sep 2025 6:26 PM

Flood Danger Beas River: Another dam about to break! Look how the waves are rising like ocean

10 Sep 2025 6:22 PM

Mundian said, \'I was not even allowed to speak during the meeting with the PM\', Politics over Fund

10 Sep 2025 6:18 PM

PM Relief Fund | Punjab Floods | Relief package of over 100 Crore from Himachal to Punjab |

09 Sep 2025 6:54 PM

CM Mann Live after Cabinet meeting From Fortis Hospital: \'Jis da khet, us di ret\'

08 Sep 2025 6:51 PM

Punjab Floods: Young man drowned while saving a Buffalo

08 Sep 2025 6:48 PM
Advertisement