Rupee Weakens to 67.15

17-Feb-2017
Rupee Weakens to 67.15

MUMBAI, FEB 17: The rupee fell 8 paise to 67.15 against the US currency in early trade today on increased dollar demand from importers.

Dealers attributed the rupee’s fall to increased demand for the US currency, but strong domestic equities coupled with the dollar’s weakness against some currencies overseas put a lid on the losses.

Yesterday, the rupee had dropped 17 paise to close at 67.07 on fresh dollar demand from banks and importers despite weakness in the greenback globally.

Meanwhile, the benchmark BSE Sensex rallied 424.99 points, or 1.50 per cent, to 28,726.26 in early trade.

Source: Thehindubusinessline.com

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