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HomeFinanceRupee falls 11 paise to 83.26 against US dollar in early trade

Rupee falls 11 paise to 83.26 against US dollar in early trade

Rupee falls 11 paise to 83.26 against US dollar in early trade

The Indian Rupee has fallen by 11 Paise to 83.26 against US Dollar.

The rising demand for Dollars by corporates for debt repayment has pressured the rupee. This trend may continue and more pressure will be added on Rupee.

Most Asian currencies rose, with the Korean up by 1.3%. The Chinese Yuan fell 0.3% to 7.24 against the dollar, its lowest since mid-November.