Mumbai: The rupee was trading lower by 10 paise at 66.83 against the dollar in early trade on sustained foreign fund outflows amid increased demand for the US currency from importers.
Moreover, lower opening in domestic equities also weighed on the domestic currency, dealers said.
The dollar was weak against major global currencies, capping the rupee losses, they added.
The rupee had lost 4 paise to close at 66.73 per dollar in yesterday’s trade on firm demand for the American unit from importers.
Realty Company Anant Raj Will Invest ₹4,500 Crore In Andhra Pradesh To Set Up Data Centres As Part Of Expansion Plan
IND vs SA 1st Test: Ravindra Jadeja Joins Kapil Dev, Ian Botham In Elite All-Round Club
NEET UG 2025 Counselling: MCC Releases Stray Vacancy Round Allotment; Over 1,100 Seats Filled
Attention Thanekars! THESE Routes To Remain Closed Due To Cement Girder Installation Work At Lodha Palava Junction; Advisory Issued
Meanwhile, the benchmark BSE Sensex was trading lower by 98.89 points or 0.38 per cent to 25,431.22 in early deals.
