India, March 7 -- The Indian rupee weakened by 6 paise to 87.18 against the US dollar in early trading on Friday, influenced by subdued global market sentiment due to trade-related uncertainties and persistent foreign capital outflows from domestic equities.
However, the decline was limited by a weaker US dollar index and a dip in crude oil prices, providing some support to the Indian currency, according to forex traders.
At the interbank foreign exchange market, the rupee opened at 87.13 before slipping further to 87.18 against the greenback, marking a 6-paise depreciation from its previous closing value.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....