November 16, 2011 10:56 AM

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Rupee sheds 24 paise in early trade

The Indian rupee fell by 24 paise to a fresh 32-month low of Rs 50.91 against the US dollar in early trade today.Dealers said a slide in the euro value, which slipped to a fresh one-month low against the US dollar, and a lower opening in the equity market mainly, weighed on the rupee sentiment.The rupee had lost 37 paise to close at a 32-month low of Rs 50.68 against the US currency in yesterday's trade due to dollar demand from banks and importers amid weak stocks.

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