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Business Economy


Rupee falls 7 paise against USD

Mumbai, Sep 19 (UNI) Erasing yesterday's smart gains, the Rupee on Thursday fell by seven paise to 71.31 on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Gaining by 54 paise on Wednesday, the local unit eased by 11 paise to 71.35 in early trade. Finally it closed negative at 71.31, sliding by seven paise as compared to its last close.
The Indian currency registered day high and low at 71.38 and 71.07 respectively.
The Rupee was seen weak owing to strong dollar against other world currencies along with tumbling down stock market, dealers added.
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