Rupee slips 8 paise to 69.73 against US dollar in early trade
Business / Rupee slips 8 paise to 69.73 against US dollar in early trade
Business - Rupee slips 8 paise to 69.73 against US dollar in early trade
The rupee depreciated by 8 paise to 69.73 against the US dollar in early trade Tuesday on increased demand for the US currency from importers. Besides, strength in dollar against major rival currencies on stronger US payroll data and rising crude prices also kept pressure on the Indian rupee. A higher opening in domestic equities helped in restricting the slide in the Indian unit to some extent.