Rupee slips against dollar in opening trade

September 27, 2019 10:07

The rupee slipped to 70.93 against the US currency in opening trade on Friday amid a stronger dollar in overseas markets. The domestic currency was trading lower by 5 paise at 70.93 at 0925 hrs against the US currency. The rupee moved in a range of 70.93 to 70.89 at the interbank foreign exchange market in opening trade. It had closed at 70.88 on Thursday on foreign fund inflows.

The US dollar rose to multi-weeks high against major global currencies as the impeachment probe into US President Donald Trump weighed on investor sentiment. -- PTI

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