Rupee falls 4 paise to 88.30 against US dollar in early trade
Mumbai, Sep 15 (PTI) The rupee witnessed range-bound trading in morning deals on Monday and depreciated 4 paise to 88.30 against the US dollar, as tariff-led pressure on India’s exports weighed on investor sentiments. Forex traders said the rupee traded in a tight range as it is caught between worries over US trade tariffs, persistent foreign portfolio outflows, and hopes of a US rate cut. At the interbank foreign exchange market, the rupee opened at 88.25, then lost ground and touched a low of 88.30 against the US dollar, registering a decline of 4 paise over its previous close. On