Rupee sheds 9 paise against US dollar

News, Business

Mumbai: The rupee depreciated 9 paise to 64.92 against the US dollar in opening trade today on fresh demand for the greenback from importers and banks.

Also, foreign capital outflows amid a lower opening in the equity market weighed on the domestic units.

However, weakness in the US dollar against select currencies on lingering worries of a global trade war limited the fall in rupee, dealers said.