Rupee slips 6 paise to 68.95 against US dollar in early trade


MUMBAI: The rupee opened on a weak note and fell 6 paise to 68.95 against the US dollar in early trade on Monday.


At the Interbank Foreign Exchange, the rupee opened weak at 68.92 then fell to 68.95 against the US dollar, showing a decline of 6 paise over its previous closing.

On Friday, the Indian rupee had closed at 68.89 against the US dollar.

Meanwhile, brent crude futures, the global oil benchmark, fell 0.33 per cent to USD 63.25 per barrel.

As per provisional data, Foreign institutional investors (FIIs) remained net sellers in the capital markets, pulling out Rs 1,503.26 crore on Friday.

Domestic bourses opened on a cautious note on Monday with benchmark indices Sensex trading 71.38 points down at 37,811.41 and Nifty lower by 29.55 points at 11,254.75.


With inputs from PTI

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