Rupee opens weak at 74.29 against USD

Mumbai: The Rupee on Thursday declined by ten paise to 74.29 in the opening trade on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.

The local unit fell because of strong dollar against other world currencies amid weak opening in the stock market, the dealers said.

The rupee registered intra days high and low at 74.32 and 74.27 respectively, they added.

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