India, Nov. 17 -- The rupee slipped 6 paise to 88.72 per US dollar in early Monday trade, pressured by a stronger American currency and continued foreign capital outflows.
However, firm domestic equities and easing global crude oil prices helped limit the downside for the Indian currency, according to forex analysts.
Market participants are also closely tracking developments on the proposed India–US trade deal and awaiting the domestic PMI data scheduled for release later this week.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....