Rupee falls 12 paise to 81.97 against U.S. dollar
The Hindu
The rupee depreciated 12 paise to 81.97 against the U.S. dollar in early trade on April 17
The rupee depreciated 12 paise to 81.97 against the U.S. dollar in early trade on April 17 weighed down by firm crude oil prices and a negative trend in domestic equities.
Forex traders said the strengthening of the American currency in the overseas market also weighed on the local unit.
At the interbank foreign exchange, the domestic unit opened at 81.90 against the dollar, then fell to 81.97, registering a decline of 12 paise over its last close.
On Thursday, the rupee settled at 81.85 against the dollar.
Domestic Forex and equity markets were closed on Friday on account of Ambedkar Jayanti.
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