Rupee loses 10 paise against US dollar in early trade – rupee loses 10 paise against us dollar in early trade

Mumbai, Sep 12 (PTI) The rupee on Monday declined by 10 paise to 79.67 against the US dollar in early trade, despite a positive opening in the stock markets.

In the interbank foreign exchange market, the rupee opened at 79.66 against the dollar and then fell to 79.67. Thus the rupee recorded a fall of 10 paise against the previous closing price. The rupee on Friday closed higher by 12 paise at 79.57 against the US dollar.

Meanwhile, the dollar index, reflecting the US dollar’s position against the six major currencies, fell 0.23 per cent to 108.75.

Global oil standard Brent crude futures were down 1.49 per cent at $ 91.46 per barrel.

Foreign institutional investors bought shares worth a net Rs 2,132.42 crore on Friday, according to provisional stock market data.