Rupee Weakens to 64.44 on FII Outflows Dollar Demand

17-Apr-2017
Rupee Weakens to 64.44 on FII Outflows Dollar Demand

MUMBAI, APRIL 17: The rupee was trading lower by 3 paise at 64.44 against the US dollar in early trade on foreign fund outflows amid increased demand for the American currency from importers and a weak domestic equity market.

However, dollar's weakness against major global currencies capped the losses, forex dealers said.

The domestic unit had closed higher by 26 paise at 64.41 in the previous session on Thursday on account of fresh selling of the American currency by exporters, besides greenback's weakness against other currencies overseas.

Forex market had remained shut on Friday on account of ’Dr Babasaheb Ambedkar Jayanti’ and ‘Good Friday’

Meanwhile, the benchmark BSE Sensex shed 24.78 points or 0.08 per cent to 29,436.67 in early deals.

Source: Thehindubusinessline.com

Seair is proud to have a loyal customer base from big brands.

We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:

View All

Get a free Import-Export data demonstrative report on desired products.

We don’t offer any assistance over buying or selling any products.

Thank You

Big thanks to showing your interest in SEAIR Exim Solutions. We’ve currently received your request for data information. We will return on the same query in a short span of time.