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.
Redmi 15C 5G With 50-Megapixel Rear Camera, 6,000mAh Battery Launched In India: Price, Specifications
Sonia Gandhi Says Modi Govt Signed ‘Death Warrant’ For Aravallis, Seeks Rollback Of Forest Laws
VIDEO: 'Dhoni, Dhoni' Chants In Vadodara As MS Dhoni Surprises Fans With Batting Glimpse
Arunachal Pradesh Governor Highlights Geospatial Technology As Key To Smart Governance
Meanwhile, the benchmark BSE Sensex was trading lower by 98.89 points or 0.38 per cent to 25,431.22 in early deals.
