Rupee slips against Dollar | Check latest
Higher inflation, depressed risk assets performance and foreign fund outflows have been weighing on the Rupee.
In the forex market, the rupee slipped 6 paise to 77.50 against the US dollar in early trade.
HIGHLIGHTS
- Rupee slipped 6 paise to 77.50 against US dollar
- Sensex, Nifty opened in green
- On Tuesday, Rupee hit low of 77.79 against Dollar
The rupee on Wednesday opened lower against the US dollar in early trade. This comes after the rupee hit its life-time intra-day low of 77.79 before closing 11 paise higher against the American currency on a stellar rally in the domestic stock markets and a pullback in the dollar on Tuesday.
In the forex market, the rupee slipped 6 paise to 77.50 against the US dollar in early trade. Higher inflation, depressed risk assets performance and foreign fund outflows have been weighing on the Rupee.
Both equity indexes of share market opened in green on Wednesday. Sensex gained 0.56 per cent or 303.90…
