May 19, 2024
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Rupee falls 12 paise to 82.68 against US dollar in early trade

Rupee falls 12 paise to 82.68 against US dollar in early trade

Mumbai, Aug 25 (PTI) The rupee snapped its three-day rally and depreciated by 12 paise to 82.68 against the US dollar in early trade on Friday amid a firm American currency and subdued equity markets.

An upward movement in crude prices also weighed on the domestic currency even as the inflow of foreign funds capped the fall, forex traders said.

At the interbank foreign exchange, the domestic unit opened weak at 82.60 and then tumbled to the lowest level of 82.69 against the greenback. It later traded at 82.68, registering a fall of 12 paise over its previous close.

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