Rupee softens 6 paise against US dollar

Mumbai: The rupee weakened by 6 paise to 64.34 against the US dollar in early trade today on fresh demand for the American currency from banks and importers.

Also Read | Rupee weakens 18 paise against US dollar

On Friday, the rupee continued its stellar rally against the dollar, surging 24 paise to end at a fresh 20-month high of 64.28 amid escalating geo-political trouble involving the US and Russia.

Also Read | Rupee falls 11 paise against US dollar in early trade

Meanwhile, the benchmark BSE Sensex rebounded by 124.71 points, or 0.41 per cent, to 29,831.32 in early trade. (PTI)

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