Rupee down by 3 paise against USD

Rupee down by 3 paise against USD

Agency News

Mumbai, Jul 24 : The Rupee on Wednesday fell by 3 paise to 6897 against the greenback on buying of US Dollars from bankers and importers, dealers at the Forex Market said.

The rupee opened on a weak note and declined by 16 paise to 69.10 against the US dollar in opening trade on Wednesday, amid sustained foreign fund outflows and rising crude oil prices.

Negative closing in the local domestic market and strengthening of the US dollar against other currencies overseas kept up the pressure on the Indian rupee. High fluctuation was seen during the day as it registered day high and low at 69.10 and 68.96 respectively.

The rupee had settled at 68.94 against the US dollar on Tuesday. (UNI)