Rupee slips 30 paise to 71.94 against US dollar in opening trade
The Indian rupee declined by 30 paise to 71.94 against the US dollar in opening trade on Monday amid muted opening in domestic equities and strengthening of the American currency overseas. Besides, as investor sentiments remained fragile amid coronavirus fears. China’s death toll from the new coronavirus rose to 2,592 on Monday. Forex traders, however, said easing crude oil prices supported the local unit and restricted the fall to some extent. The rupee opened weak at 71.94 at the interbank forex market, down 30 paise over its last close. The…
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