Rupee slumps 16 paise to 72.99 against U.S. dollar in early trade
The Hindu
The Indian rupee slumped 16 paise to 72.99 against the U.S. dollar in opening trade on Friday, as a rebound in the U.S. dollar and muted opening in domestic equities weighed on investor sentiment.
At the interbank forex market, the domestic unit opened at 72.98 against the U.S. dollar, then fell further to 72.99 against the American currency, registering a fall of 16 paise over its previous close.
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