The rupee lost 13 paise against the dollar to trade at 45.88 in early trade on Monday on capital outflows by foreign funds from equity markets. Dealers said fresh capital outflows by foreign funds from equities in tandem with weak Asian markets mainly dampened the rupee sentiment. The dollar's gains against other world currencies in overseas markets also weighed on the rupee. The rupee had closed 41 paise higher at 45.75 in the previous session.
News On AIR | June 22, 2010 11:45 AM
Rupee weakens 13 paise against US dollar in early trade