Rupee slips 17 paise to 69.59 vs USD in early trade

Mumbai: The rupee fell 17 paise to 69.59 against the US dollar in opening trade Tuesday on increased demand for the greenback from importers and banks.

However, sustained foreign fund inflows and positive opening in domestic equities supported the rupee and restricted the fall.The rupee opened at 69.55 at the interbank forex market, then lost further ground and fell to 69.59, down 17 paise over its last close.

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The rupee Monday had settled at 69.42 against the US dollar.

Benchmark indices Sensex was trading 212.10 points up at 39,117.94 and Nifty was quoted at 11,743.80 points, up 53.45 points. (PTI)

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