Rupee down 30 paise against dollar in early trade today

The rupee fell by 30 paise to trade at 62.13 against the US dollar in early trade today at the Interbank Foreign Exchange market on strong demand for the American currency from importers.

The domestic unit had lost 58 paise to close at 61.83 against the dollar in the previous session on weak local stocks and sustained demand from importers for the greenback.

Besides, dollar’s strength against other Asian currencies overseas on speculation the US Federal Reserve may scale back its stimulus programme weighed on the rupee, dealers said.

—PTI