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Rupee depreciates 26 paise against US dollar in early trade

Rupee depreciates 26 paise against US dollar in early trade
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Mumbai, (PTI) The rupee weakened by 26 paise to 71.45 against the US dollar in early trade Monday on increased demand for the American currency from importers amid rising crude prices and foreign fund outflows.

At the interbank forex exchange, the rupee opened lower at 71.38 and weakened further to quote 26 paise down at Rs 71.45 against the dollar.

Forex dealers said the dollar’s gains against some other currencies overseas too weighed on the rupee sentiment.


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