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Indian Rupee ends negative at 71.46, 3-week-low

Indian Rupee ends negative at 71.46, 3-week-low

India Blooms News Service | @indiablooms | 11 Nov 2019, 12:11 pm

Mumbai/UNI: The Rupee on Monday lost another seventeen paise to 71.46, three-week-low on brisk demand for US Dollars by bankers and importers, dealers at the Forex Market said.

In opening trade, the local unit fell by four paise to 71.33.

During the day it dropped further by 17 paise to 71.46 as compared to its last close.

The local unit recorded day high and low at 71.54 and 71.31 respectively.

The Indian currency remained weak owing to strong Dollar against other world currencies, however, rebounding stock market capped from further losses, the dealer added.

With this, the Rupee lost 51 paise in couple of sessions.

The forex market will remain shut for 'Guru Nanak Jayanti' dealer informed.