New Delhi,FMNews - Rupee has once again started trading with a fall in the Indian currency market. A rise in demand for the dollar, coupled with a rise in its value against other major international currencies, weakened the rupee. Since this morning, the dollar and other major foreign currencies have been under pressure, due to which the rupee has continued to fall.
This morning the rupee started trading with a weakness of 10 paise in the Inter Bank Foreign Exchange market. The rupee opened at 73.60 against the dollar. Due to continuous selling in the first session in the domestic stock market today, the rupee is under pressure. Along with this, global signals of dollar appreciation have also put pressure on the rupee.
Earlier, on the last trading day of last week i.e. on Thursday, the rupee recovered from the initial weakness and closed with a strength of 10 paise.