ID :
96231
Mon, 12/21/2009 - 23:18
Auther :

Rupee falls by 9 paise in opening trade

Mumbai, Dec 21 (PTI) The Indian rupee on Monday
depreciated by 9 paise to 46.81 a dollar in opening trade on
increased demand for the US currency, which strengthened
against major world currencies.
Dealers said demand for the US currency from importers
put pressure on the Indian rupee.
The dollar's gains against other currencies and fears of
capital outflows by foreign funds also weighed on the rupee,
they added.
The rupee had ended 16 paise higher at 46.72/73 against
the dollar in previous trade on Friday last week. PTI SUN
MYR

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