India, Dec. 31 -- The Indian rupee weakened by 15 paise to 89.90 against the US dollar in early trade on Wednesday, pressured by sustained foreign fund outflows and a muted start in domestic equity markets.
Forex traders noted that continued selling by foreign portfolio investors has weighed on the rupee over the past few months. In the interbank foreign exchange market, the local currency opened at 89.89 against the dollar and slipped further to 89.90 from its previous close.
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