07-02-2021 03:08 PM | Source: Dion Global Solutions Ltd
Rupee slumps 20 paise to 74.75 against US dollar in early trade
The Indian Rupee depreciated 20 paise to 74.75 against the US dollar in opening trade on Friday as firm American currency and rising crude oil prices weighed on investor sentiment. At the interbank foreign exchange, the rupee opened at 74.71 against the dollar, then fell further to 74.75, registering a fall of 20 paise over its previous close. On Thursday, the rupee had settled at 74.55 against the US dollar.
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