Share Maeket: Rupee falls 14 paise against US dollar in early trade

MUMBAI: The rupee on Tuesday fell 14 paise to 77.69 in opposition to the US greenback in early commerce on continued outflow of international funds and rise in crude oil costs. Foreign exchange merchants mentioned firming within the home fairness market restricted the rupee’s fall.

Within the interbank international alternate market, the rupee opened weak at 77.67 in opposition to the US greenback, after which declined to 77.69, displaying a weak spot of 14 paise in opposition to the earlier closing worth. The native foreign money additionally touched a low of 77.71 in opening offers. In the meantime, the greenback index, reflecting the US greenback’s place in opposition to six main currencies, fell by 0.01 per cent to 104.19.

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