India, Nov. 7 -- The Indian rupee weakened by 3 paise to 88.66 against the US dollar in early trade on Friday, pressured by a stronger greenback and continued foreign fund outflows from the domestic capital market.
Forex traders said the local currency also came under pressure due to heavy selling in Indian equities and a rise in global crude oil prices.
At the interbank foreign exchange market, the rupee opened at 88.61 and slipped further to 88.66 per dollar, down 3 paise from its previous close.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....