Strong dollar leads to weakening in rupee sentiment

Strong dollar leads to weakening in rupee sentiment

With the dollar gaining overseas, the Indian rupee fell by 9 paise at 45.43 in early trade today.

The rupee plummeted by 9 paise to 45.43 a dollar at the Interbank Foreign Exchange (Forex) market. The rupee surged 24 paise at a two-month high of 45.34/35 a dollar in the previous session.

As per the Forex dealers, the rupee sentiment was also affected by demand from importers for the US currency.

In the meantime, the Bombay Stock Exchange index Sensex hiked 53.99 points or 0.30 per cent at 17,544.07, points in the opening trade today.


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