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Re declines by 11 paise against $ in early trade

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Press Trust of India Mumbai

The Indian rupee declined by 11 paise to 44.32 against the US dollar in early trade at the forex market today, with the American currency overcoming recent weakness to post gains against other major currencies.

The rupee had ended 14 paise higher at Rs 44.21/22 per dollar in the previous session at the Interbank Foreign Exchange on Thursday.

Forex dealers said the weakness of other currencies against the US dollar mainly put pressure on the rupee.

Meanwhile, the Bombay Stock Exchange index Sensex rose by nearly 71 points to 21,075.71 in opening trade today.

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First Published: Nov 08 2010 | 9:53 AM IST

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