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Rupee softens 13 paise against dollar in early trade

rupee-softens-13-paise-against-dollar-in-early-tradeMumbai: The rupee weakened 13 paise to 68.51 against the US dollar in early trade today, snapping its two-session gaining spree at the Interbank Foreign Exchange on fresh demand for the American currency from banks and importers.

Dealers attributed the rupee’s fall to the dollar’s strength against some other currencies overseas on speculation that the Federal Reserve will raise interest rates in December but a higher opening of the…

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Updated: December 1, 2016 — 11:33 am

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