Rupee opens 12 paise down at 71.15 against US dollar
The rupee opened on a weak note and fell 12 paise to 71.15 against the US dollar in early trade on Friday amid rising crude oil prices and strengthening of the US dollar vis-a-vis other currencies overseas. Forex traders said cautious opening in domestic equities weighed on the local unit. At the Interbank Foreign Exchange, the rupee opened weak at 71.15 showing a decline of 12 paise over its previous closing. The Indian rupee on Thursday had closed at 71.03 against the US dollar. Traders said sustained foreign fund inflows…
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