Dynamite News Rupee slips 28 paise to 71.35 against USD in early trade
The Indian rupee opened on a cautious note and fell 28 paise to 71.35 against the US dollar in early trade on Thursday amid rising crude oil prices and unabated foreign fund outflows.
Mumbai: The Indian rupee opened on a cautious note and fell 28 paise to 71.35 against the US dollar in early trade on Thursday amid rising crude oil prices and unabated foreign fund outflows.
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The Indian rupee on Tuesday had closed at 71.07 against the US dollar. Forex market was closed on Wednesday on account of Mahatma Gandhi Jayanti.
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Rupee slides 16 paise against dollar to 68.24
Meanwhile, brent crude futures, the global oil benchmark, rose 0.03 per cent to USD 57.71 per barrel.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.02 per cent to 99.04. The 10-year government bond yield was at 6.62 per cent in morning trade.(PTI)