The rupee opened on a weak note and fell 23 paise to 71.66 against the US dollar in early trade on Tuesday amid rising crude oil prices and unabated foreign fund outflows. On Monday, the rupee had tumbled 29 paise to close at an over six-month low of 71.43 against the US dollar amid growing worries over economic slump.
The rupee on Friday declined by 26 paise to 69.32 against the US currency in early trade, due to strong dollar demand from banks and importers amid unabated foreign fund outflows.
The rupee opened on a cautious note and fell 10 paise to 68.54 against the US dollar in early trade Friday ahead of the release of key macro-economic data. Forex traders said the rupee is trading in a narrow range ahead of the release of retail inflation and factory output data. Besides, the weakening of the greenback vis-a-vis other currencies overseas supported the local unit.
The rupee opened on a cautious note and fell 10 paise to 68.54 against the US dollar in early trade Friday ahead of the release of key macro-economic data. Forex traders said the rupee is trading in a narrow range ahead of the release of retail inflation and factory output data. Besides, the weakening of the greenback vis-a-vis other currencies overseas supported the local unit.
The rupee on Tuesday recovered by 15 paise to close at 68.51 against the greenback on fag-end selling of the US currency by banks and importers in line with late recovery in domestic equities.