Rupee opens low at 48.37 per US dollar

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Mumbai, Nov 14: Rupee further slid by five paise at 49.37 against US dollar in the opening session on Friday, Nov 14, from its last close of 49.32, on fresh buying of dollar by foreign banks and others.

Later, the rupee oscillated in a wide range between 49.12 and 49.42 in the intra-day trade. The partially convertible rupee slipped by Rs two in the last three days. The currency market was closed yesterday on occasion of Gurunanak Jayanti.


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