Rupee slips 13 paise to 70.07 vs USD in early trade

DN Bureau

The rupee depreciated by 13 paise to 70.07 against the US dollar in early trade Friday as US-China trade related concerns and foreign fund outflows weighed on investor sentiments.

Representational Image
Representational Image

Mumbai, May 10 (PTI) The rupee depreciated by 13 paise to 70.07 against the US dollar in early trade Friday as US-China trade related concerns and foreign fund outflows weighed on investor sentiments.

The rupee opened weak at 70.04 at the interbank forex market and then fell further to 70.07 against the American currency, down 13 paise over its last close.



The rupee had settled at 69.94 against the US dollar Thursday.

Domestic bourses opened on a cautious note Friday with benchmark indices Sensex trading 18.16 points higher at 37,577.07 and Nifty down 4.70 points at 11,297.10. (PTI)
 

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