After a day's relief, the rupee today fell by 43 paise to 58.22 against the dollar in early trade due to increased demand for the US currency from banks and importers amid a weak opening in local equities. The rupee had gained a whopping 60 paise to close at 57.79 against the dollar yesterday as rating agency Fitch revised India's credit outlook to stable and government officials soothed market sentiment with assurance of taking steps to curb the currency's fall.
News On AIR | June 13, 2013 10:29 AM
Rupee falls 43 paise to 58.22 against dollar<br/>