Rupee falls by 9 paise against USD
Mumbai, Mar 6 (UNI) The Rupee on Wednesday slipped by nine paise at 70.58 against the US Dollar in early trade on rising demand for US Dollars by bankers and importers, dealers at forex market said.
Strong dollar against other currencies overseas pushed the local unit down in early trade, however strong opening in equity market capped from decline, dealer said.
A major fluctuation was seen in the local unit as it recorded intra day high and low at 70.68 and 70.49 respectively, they added.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
