Rupee falls 17 paise to 95.43 against US dollar in early trade
Mumbai, May 26 (PTI) The rupee fell 17 paise to 95.43 against US dollar in early trade on Tuesday, as month-end dollar demand and elevated crude oil prices weighed on investor sentiments. Forex traders said the broader pressure on the rupee is likely to continue as long as geopolitical tensions remain elevated. Moreover, RBI measures and liquidity support may help provide temporary relief and contain volatility in the near term, they said. At the interbank foreign exchange market, the rupee opened at 95.43 against the US dollar, down 17 paise from its previous close. On Monday, the rupee gained 34