Rupee falls 9 paise to 74.52 against US dollar in early trade
The rupee declined 9 paise to 74.52 against the US dollar in opening trade on Monday, as muted domestic equities and elevated crude oil prices weighed on investor sentiments. Forex traders said the Indian rupee is trading in a narrow range ahead of the US Federal Reserve meeting later this week. At the interbank foreign exchange, the rupee opened weak at 74.43 against the US dollar, then slipped further to 74.52 against the greenback, registering a decline of 5 paise from the last close. On Friday, the rupee had settled…
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