Rupee falls by 9 paise versus USD

Rupee falls by 9 paise versus USD

Agency News

Mumbai, Feb 13 : The Rupee on Wednesday fell by nine paise to 70.80 against the US Dollars, snapping a positive trend of last six sessions on rising demand for US Dollars by bankers and exporters, dealers at Forex Market said.

The local unit that slipped by 22 paise to 70.48 in opening trade recovered till the end of the session from opening level and finished negative only at 70.80, easing by 9 paise only as compared to its last close.

A major fluctuation was seen during the day as it registered day high and low at 70.88 and 70.40 respectively. Firm dollar against some other currencies overseas and negative equity market dragged the Indian currency, they added.UNI