Rupee is trading at 67.16 dollar in early trade amid caution ahead of RBI's policy decision tomorrow.
Higher opening in domestic stock market limited rupee losses. (Photo: PTI).
Mumbai: The rupee was trading lower by 5 paise at 67.16 against the US dollar in early trade on Tuesday amid caution ahead of RBI's policy decision on Wednesday.
Forex dealers said increased demand for the US currency from importers as also the greenback's gains against rivals overseas put pressure on the rupee.
On Monday, the rupee had ended 5 paise lower at 67.11 against the US dollar.
Meanwhile, the benchmark BSE Sensex was trading lower by 81.33 points, or 0.23 per cent, at 34,930.56 in opening deals.
( Source : PTI )
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