Mumbai, Oct 28 (PTI) The rupee depreciated by 6 paise to 61.36 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange market due to month-end demand for the US currency from importers.
Forex dealers attributed the rupee’s fall to month-end demand for the US currency from importers but dollar’s weakness against other units and a higher opening in the domestic equity market capped the fall.
The rupee had softened by three paise to end at 61.30 against the American currency in Monday’s trade on increased demand from oil importers amid weakness in local equities.
Meanwhile, the benchmark BSE Sensex rose by 81.43 points, or 0.30 per cent, to 26,834.33 in early trade on Tuesday. PTI SUN
