Rupee falls 9 paise to 73.18 against U.S. dollar in early trade
The Hindu
On June 2, the rupee had settled at 73.09 against the U.S. dollar
The Indian rupee slumped 9 paise to 73.18 against the U.S. dollar in opening trade on June 3 tracking strengthening of the American currency in the overseas market. Market participants remained vigilant ahead of Reserve Bank of India (RBI) monetary policy meeting outcome scheduled to be announced on Friday, Forex traders said. At the interbank foreign exchange, the domestic unit opened lower at 73.17 against the dollar, and lost further ground and touched 73.18, registering a fall of 9 paise over its previous close.
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