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Rupee falls 16 paise to 81.96 on sharp reversal of dollar

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Rupee Falls 16 Paise To 81.96 As Dollar Rebounds Sharply

Rupee today: Rupee weakened against the dollar in early trade

The rupee weakened in early trade on Tuesday as the dollar strengthened overnight after an unexpected uptick in services activity in the US offset optimism over easing of China’s zero-COVID policy.

Bloomberg showed the rupee was changing at 81.9625 per dollar in early trade compared to its previous close of 81.7975 on Monday.

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