Rupee falls 9 paise in early trade

Mumbai: The rupee drifted lower by 9 paise to 66.80 against the US dollar in early trade at the Interbank Foreign Exchange today after the American currency gained strength overseas.

They said, however, a higher opening of the domestic equity market capped the rupee's losses.

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Yesterday, the rupee had strengthened to close at a fresh three-and-a-half month high of 66.71, appreciating by 11 paise on the back of sustained selling of the American dollar by exporters and banks.

Meanwhile, the benchmark BSE Sensex went up by 50.53 points, or 0.18 per cent, to 28,863.41 in the opening trade today. (PTI)

Also Read | Rupee achieve 9 paise against dollar at 64.95

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