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Rupee falls 6 paise to 83.44 against US dollar in early trade

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rupee declined 6 paise to 83.44 against the US dollar in early trade, tracking negative equity markets and withdrawal of foreign funds.
Mumbai: The rupee declined 6 paise to 83.44 against the US dollar in early trade on Monday, tracking negative equity markets and withdrawal of foreign funds amid renewed concerns over geopolitical tensions in the Middle East.
Forex traders said a strong American currency in the overseas market and curde oil prices hovering above USD 90 per barrel also dented investor sentiments.
At the interbank foreign exchange, the rupee opened at 83.46 against the dollar and gained slightly to 83.

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