Rupee loses paisas10 against dollar

Rupee value registered decline by paisas 10 against US dollar and closed at Rs78.30 in the interbank on Thursday.

Sources at the Forex market told that there was an increase in demand of American currency at the beginning of trading.

At one point, the dollar was seen trading at Rs78.40 during trading. However, dollar’s selling improved the situation and witnessed an increase of paisas 10 to US currency which closed at RS78.30 paisas.

Meanwhile, the continuous influx of dollar in the market has helped caused rapid depreciation of the rupee.