Rupee slips 6 paise against US dollar

Press Trust of India  |  Mumbai 

The fell 6 paise to 68.59 against the US in early trade today on fresh buying of the American by importers.

Traders said dollar's strength against some currencies overseas and fresh demand of the US from importers weighed on investor sentiment.

Besides, India's trade deficit widening to a more than three-and-a-half-year high of USD 16.6 billion due to costlier crude oil imports, too kept pressure on the

On Friday, the saw a marginal four paise rise in its value at 68.53 a

Meanwhile, the benchmark BSE Sensex rose 117.08 points, or 0.32 per cent, to 36,658.71 in opening trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 16 2018. 09:30 IST