Rupee declines 3 paise against US dollar in early trade

Mumbai: Continuing its slide for the third straight day, the rupee weakened by another 3 paise to trade at 68.97 against the US dollar in opening session today due to increased demand for the American currency from importers.

Also Read | Rupee rises 6 paise against US dollar in early trade

Yesterday, the rupee dropped by 8 paise to close at 68.94 against the US currency due to sustained dollar demand from importers even as local equities hit a record high.

Also Read | Rupee climbs 17 paise against dollar to 63.87

Meanwhile, the benchmark BSE Sensex rose by 102.97 points, or 0.27 per cent, to quote an all-time high of 36,928.06 in opening trade today.(PTI)

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• #Dollar
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• #early trade
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• #Sensex
• #Nifty