Rupee loses 12 paise against dollar

[sherlyk]

The Indian rupee lost 12 paise to Rs. 49.19 per U.S. dollar in early trade on the Interbank Foreign Exchange on Wednesday, amid a lower opening in the domestic stock market and the dollar gaining ground against the euro overseas. The rupee had gained 38 paise to close at Rs. 49.07/08 against the U.S. currency in yesterday’s trade on dollar-selling by banks and exporters amid a sharp rise in the domestic equity market.
Meanwhile, the Bombay Stock Exchange benchmark Sensex was down by 16.40 points, or 0.10 per cent, at 16,507.63 in opening trade today.



Keywords: Indian rupee , U.S. dollar , Interbank Foreign Exchange , domestic stock market , gaining ground, euro overseas, U.S. currency, dollar, banks , exporters,Bombay Stock Exchange, benchmark Sensex .

[dor-hadash]

What do you think will be in the next few days with the Rupee?