Rupee drops 7 paise against US dollar

Mumbai: The rupee depreciated 7 paise to 66.97 against the US dollar in early trade on Thursday.

On Wednesday, the domestic currency had extended gains for the second straight day by moving up another 3 paise to close at 66.90 against US dollar.

Also Read | Rupee slides 7 paise against US dollar

In the meantime, the benchmark BSE Sensex recovered by 109.11 points, or 0.38 per cent, to 28,264.67 in the opening trade. (With PTI inputs)

Also Read | Rupee slips 10 paise against US dollar in early trade

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