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Rupee down 18 paise in early trade

The Indian rupee today lost 18 paise against the dollar in early trade on strong demand for the greenback from importers amid the US currency rising against other currencies.

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The Indian rupee today lost 18 paise against the dollar in early trade on strong demand for the greenback from importers amid the US currency rising against other currencies.

At the Interbank Foreign Exchange (forex) market, the domestic currency was quoted at 48.12 a dollar in early trade, a loss of 18 paise over the previous close of 47.94/95.

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