Rupee opens low at 42.44 against per USD

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Forex
Mumbai, Aug 4: The rupee today opened weak at 42.44/46 against per US Dollar, down by nine paise, from its previous close of USD 42.35 on sustained selling pressure of dollar by bankers.

Dealers said, the domestic currency eased this morning as a rebound in global oil prices raised worries of the country's trade deficit widening again to record levels, but traders said they were watching the stock market to gauge fund flows.

Later, it fluctuated between 42.35 and 42.48 per dollar during the sesssion, traders added.


UNI

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