Rupee down 25 paise against USD

Mumbai, Oct 26 (UNI) The Rupee on Monday tumbled down by 25 paise to close at 73.85 against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.

The local unit that fell by 17 paise to 73.77 in early trade and finished at 73.85, sliding by 25 paise as compared to its previous close.

The Rupee remained negative owing to strong Dollar against other world currencies along with negative stock market, dealers added.

The rupee registered intra days high and low at 73.90 and 73.72 respectively, he added.

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