Indian rupee turns weak, opens lower after hitting 2.5 year high

Updated:8 years, 5 months ago

New Delhi, Jan 03 (ANI): The Indian rupee, on Wednesday, slipped in early trade and opened lower by 7 paise at Rs. 63.55 per dollar versus Rs. 63.48 on Tuesday, where the local currency was up by 0.31 percent from its previous closing. The rupee on Tuesday had also hit its highest level against the dollar in about two and-a-half years amid signs of weakness in the US currency. Meanwhile, the stock markets had a positive start to the day with Sensex and Nifty rising more than 100 and 40 points respectively in the opening trade.

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Indian rupee turns weak, opens lower after hitting 2.5 year high

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