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 Perils of an ad hoc forex policy
 Rupee depreciated by 17 paise to Rs 45.62 a dollar in early trade
 Rupee strengthened by 7 paise against dollar
 Rupee up by 4 paise against dollar in early trade
 Rupee falls by 18 paise at 4-week low against dollar
 Rupee drops on weak shares; inflation eyed
 Rupee raises 6 paise against dollar in early trade
 Rupee among most traded in futures market
 Indian rupee gain 12 paise against US dollar
 Rupee marginally rise up by 1 paise against US dollar
 Rupee drops tracking euro, choppy shares

Rupee comes down 14 paise against dollar in early trade
September, 28th 2010

The rupee, which had touched an over four-month high yesterday, weakened by 14 paise to 45.15 against the US dollar in the early trade at the Interbank Foreign Exchange today as the American currency firmed up against major currencies.

Besides, weak sentiment on the stock markets also weighed on the rupee sentiment.

Forex traders said weakness in other currencies against the dollar and a weak opening on domestic bourses mainly put pressure on the rupee.

The rupee had gained 24 paise to touch an over four-month high of 45.01/02 against the US dollar in the previous session on the back of record portfolio investments amid firm equity markets.

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