Dynamite News Rupee weakens 5 paise against dollar in early trade
The rupee depreciated by 5 paise to 64.06 against the US dollar in early trade. Sensex fell 50.58 points, or 0.15 per cent, to 31,595.88 in early trade.
Mumbai: The rupee depreciated by 5 paise to 64.06 against the US dollar in early trade today.
The US dollar advanced against the euro and yen after strong US growth data fuelled speculations that the Federal Reserve could consider hiking interest rate for a third time this year.
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On Wednesday, the rupee had ended on a flat note at 64.01 against the US dollar.
Meanwhile, the benchmark Sensex fell 50.58 points, or 0.15 per cent, to 31,595.88 in early trade today.
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