Rupee down 8 paise against USD

The Rupee on Wednesday tumbled down eight paise against the USD on brisk demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.

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Mumbai, June 15: The Rupee on Wednesday tumbled down eight paise to close at 78.06 against the USD on brisk demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.

The local unit that fell by seven paise at 78.05 in opening trade. Finished at 78.06, down eight paise as compared to its previous close.

The Rupee was seen weak due to firm dollar against other world currencies amid negative equity market.
The Rupee unit registered the day’s high and low at 77.98 and 78.10 respectively against the US Dollar, dealer added.

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