Rupee slips 17 paise to 69.32 vs USD in early trade

DN Bureau

The rupee depreciated 17 paise to 69.32 against the US dollar in opening trade Thursday as strengthening of the American currency in the overseas market weighed on the local unit.

Representational Image
Representational Image

Mumbai: The rupee depreciated 17 paise to 69.32 against the US dollar in opening trade Thursday as strengthening of the American currency in the overseas market weighed on the local unit.

The rupee opened weak at 69.29 at the interbank forex market and then fell further to 69.32, down 17 paise over its last close.

Domestic bourses opened on a cautious note Thursday with benchmark indices Sensex trading 74.26 points higher at 39,666.34 and Nifty up 20.50 points at 11,868.05.

Meanwhile, brent crude futures, the global oil benchmark, eased 0.39 per cent to USD 66.23 per barrel. (PTI)

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