Rupee Slips 4 Paise to 82.80 Against USD

Mumbai: The rupee depreciated 4 paise to 82.80 against the US dollar in early trade on Friday due to losses in domestic equities and risk aversion in global markets.

However, a weak greenback overseas supported the domestic currency and restricted the decline, forex traders said.

At the interbank foreign exchange, the rupee opened weak at 82.84 against the dollar, then gained some ground to quote at 82.80, registering a fall of 4 paise over its previous close.

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