Rupee slips 10 paise to 71.42 against US dollar in opening deals

February 18, 2020 10:30

The Indian rupee declined by 10 paise to 71.42 against the US dollar in opening trade on Tuesday as investor sentiments remain fragile amid coronavirus fears. Besides, foreign fund outflows, stronger dollar against key global currencies and subdued equity market too put pressure on the domestic unit. The rupee opened weak at 71.42 at the interbank forex market and then fell further to 71.42, down 10 paise over its last close. The rupee had settled at 71.32 against the US dollar on Monday. -- PTI

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