Rupee falls 12 paise against USD

Rupee falls 12 paise against USD

Agency News

Mumbai, May 14 : The Rupee on Thursday slipped by 12 paise to 75.57 in opening trade against the US Dollar on rising demand for the US dollar by bankers and importers, dealers at Forex Market said.

With yesterday's marginal gain of 5 paise the local unit was seen weak today on strong Dollar against other world currencies amid sliding equity market in early trade. The domestic unit registered intraday high and low at 75.61 and 75.42, respectively. (UNI)