India, July 29 -- The rupee weakened by 18 paise to 86.88 against the US dollar in early trading on Tuesday, pressured by month-end dollar demand and continued foreign fund outflows.
According to forex traders, persistent dollar buying by importers kept the greenback firm against the rupee, contributing to the local currency's decline.
Additionally, a subdued performance in domestic equities and ongoing FPI outflows further dampened investor sentiment.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....