Rupee down by 20 paise against USD

Rupee down by 20 paise against USD

Agency News

Mumbai, Jun 7: The Rupee on Friday further dropped by 20 paise to 69.47 against the greenback on brisk demand for US Dollars by bankers and importers, dealers at the Forex Market said.

The local unit that improved by 6 paise to 69.21 in opening trade, later slipped and finished negative at 69.47, sliding by 20 paise, as compared to its last close.

During the day, high fluctuation was witnessed, as it registered day's high and low at 69.53 and 69.19, respectively.
The Indian currency remained weak for another day due to firm dollar against other world currencies, however, rebounding equity market capped from further decline, the dealers added.