नवीनतम
Rupee falls 5 paise to 89.95 against USD
MUMBAI [Maha Media]: The rupee fell 5 paise to 89.95 against the US dollar in early trade on Monday amid foreign fund outflows and a muted opening in the domestic equity markets.
Forex traders said foreign portfolio investors continue to offload Indian equities, which has been weighing on the Indian rupee in the last few months. At the interbank foreign exchange, the local unit opened at 89.95 against the dollar, down 5 paise from its previous close.
On Friday, the rupee depreciated 19 paise to close at 89.90 against the US dollar.