The Indian rupee fell added by 19 paisa to 64.27 against the US dollar in early trade today. Due to the strong demand for the American currency from importers amid foreign fund outflows. The dealers said early that, “the domestic markets losses and pressured over as weighed on the rupee sentiment”. In addition to they said, “The strength of the US dollar against some other currencies overseas weighed on the rupee sentiment”.
That, on yesterday, the rupee had fallen down by 24 paisa to hit a fresh one-week low of 64.08 against in the US dollar. For now, the Indian standard BSE Sensex tanked 336.46 points or 1.06%, to 31194.87 in early trade on today.
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