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The rupee weakened in early trade today due to dollar demand from importers, who are covering up their requirements after the Diwali holiday yesterday.


The rupee weakened in early trade today due to dollar demand from importers, who are covering up their requirements after the Diwali holiday yesterday.<br />
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At 9:10 am, the rupee was trading at Rs 61.88 compared with Friday&#39;s close of Rs 61.74 per dollar.<br />
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The rupee on Friday had dropped by 24 paise to close at more-than two-week low of Rs 61.74 against the dollar due to sustained demand from importers for the strengthening US currency.<br />
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Monday was a holiday on the occasion of Diwali.<br />

Rupee weakens in early trade

Importers are covering up their requirements after Diwali holiday yesterday

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