Indian Rupee Falls 31 Paise Against US Dollar In Opening Trade

The rupee depreciated 31 paise to 64.52 against the US dollar in opening trade at the interbank forex market today on increased demand for the greenback from importers and banks.

A strong dollar in overseas markets weighed on the Indian rupee, a currency dealer said.

On Friday, the rupee had ended 30 paise lower at 64.21 against the US dollar on rising global crude prices and worsening trade deficit.

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