The rupee on Tuesday weakened by another 10 paise to 48.07 against the greenback in early trade on Tuesday on fresh month-end dollar demand amid strong equity markets.The domestic currency resumed weak against its last close of 47.97 a dollar and later fell to 48.07 before being quoted at 48.01 a dollar in late morning deals.Dealers at the Interbank Foreign Exchange market said oil refiners bought dollar at the current levels for their monthly import payments as the American unit surged against a basket of currencies in overseas markets.
News On AIR | September 29, 2009 11:19 AM
Rupee falls 10 paise against dollar