The Indian Rupee weakened by 10 paise to almost three-month low of Rs 46.03 against the US dollar in early trade at the Interbank Foreign Exchange today, on continued demand for the American currency from importers and some banks.
Forex dealers said increased month-end demand for the US currency from importers, mainly oil refiners, and banks kept pressure on the Indian rupee. Weak equity markets also weighed on the Indian rupee.
The rupee had ended 9 paise lower at Rs 45.93/94 against the US dollar in yesterday's session.
aMeanwhile, the Bombay Stock Exchange benchmark Sensex fell by 168.71 points to 19,236.39 in opening trade today.
You’ve hit your limit of 5 free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app