Rupee eases by 5 paise versus US dollar in early trade - Times of India

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MUMBAI: The Indian rupee declined marginally by 5 paise to Rs 44.12 per US dollar in early trade on Friday on month-end dollar demand from importers despite dollar weakness in overseas markets.

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The rupee resumed steady at Rs 44.06/07 per dollar on the Interbank Foreign Exchange , as against its overnight close of 44.07/08 per dollar, but declined immediately to Rs 44.12 per dollar before quoting at Rs 44.09/10 per dollar at 1030 hours. In the Tokyo market, the dollar fell to a fresh four-month low against the Japanese yen and dropped against the euro in early trade after the US House Republican leadership late on Thursday cancelled plans to vote on a plan to lift the US debt ceiling.

Rupee eases by 5 paise versus US dollar in early trade - Times of India

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