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Rupee loses ground, down 11 paise against dollar

Dealers attributed the rupee's fall to increased demand for the greenback and the latter strengthening overseas

Currency, bonds: Rupee beats global storm

Press Trust of India Mumbai
The rupee depreciated 11 paise to 66.64 against the US currency in early trade today due to higher demand for the dollar from importers amid a lower opening in the domestic equity market.

The rupee had closed 3 paise lower at 66.53 against the dollar at the Interbank Foreign Exchange yesterday on fag-end demand for the American currency.

Dealers attributed the rupee's fall to increased demand for the greenback and the latter strengthening overseas.

Meanwhile, the benchmark BSE Sensex fell 43.81 points, or 0.17%, to 25,241.56 in early trade.

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First Published: Mar 22 2016 | 9:32 AM IST

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