Rupee Falls 14 Paise to 82.35 Against USD

Mumbai: The rupee depreciated 14 paise to 82.35 against the US dollar in the morning trade on Wednesday amid the strengthening of the American currency and sustained foreign fund outflows.

Moreover, risk aversion sentiment among investors and weak Asian and emerging market currencies weighed on the local unit.

At the interbank foreign exchange, the domestic unit opened at 82.32 against the dollar, then lost further ground to 82.35, registering a loss of 14 paise over its previous close.

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