The rupee weakened by 9 paise to 63.67 against the US dollar in opening trade at the interbank foreign exchange market ahead of the budget today.
A strong dollar in overseas markets weighed on the Indian currency, a currency dealer said.
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Yesterday, the rupee had ended 2 paise higher at 63.58 against the US dollar.
Foreign investors withdrew a net Rs 136 crore from stocks yesterday, according to provisional FPI data.
Meanwhile, the benchmark BSE Sensex rose by 171.38 points, or 0.47 %, to 36,136.40 in opening trade today.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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