Home / News / India News / Article / Rupee depreciates by 22 paise in early trade

Rupee depreciates by 22 paise in early trade

The Indian rupee on Tuesday depreciated by 22 paise to 48.02 against the US dollar in early trade on expectations of more capital outflows and dollar demand from importers. Dollar's gains against other currencies too weighed on the Indian rupee.

Listen to this article :

The Indian rupee on Tuesday depreciated by 22 paise to 48.02 against the US dollar in early trade on expectations of more capital outflows and dollar demand from importers. Dollar's gains against other currencies too weighed on the Indian rupee.

At the Interbank Foreign Exchange (forex) market, the domestic currency turned somewhat weak and fell by 22 paise to 48.02 a dollar, over the previous close. The rupee had gained 3.50 paisa at 47.8050/8150 against the US currency in yesterday's trade.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
Indian auto sector has revived: DIPP Secy

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement