Rupee down 18 paise against USD

Rupee down 18 paise against USD

Agency News

Mumbai, May 12 : The Rupee declined further by 18 paise to 75.92 on Tuesday in opening trade against the US Dollar on rising demand for the US dollar by bankers and importers, dealers at Forex Market said.

The local unit was seen under pressure on firm Dollar against other world currencies amid sliding equity markets in early trade. The domestic unit registered intra-days high and low at 75.95 and 75.71espectively. (UNI)