Rupee falls 4 paise to 86.44 against USD
MUMBAI [Maha Media]: The rupee declined 4 paise to 86.44 against the US dollar in early trade on Thursday amid a firm American currency, rising crude oil prices and outflow of foreign funds.
However, positive domestic equity markets resisted a sharp fall in Indian currency, forex traders said.
At the interbank foreign exchange, the rupee opened at 86.42 and slipped further to 86.44 against the greenback in initial deals, trading 4 paise lower from its previous close.