Rupee Weakens 29 Paise Against US Dollar

INSUBCONTINENT EXCLUSIVE:
INR Vs USD: Losses in domestic equities in volatile early trade also put pressure on the rupee.MUMBAI: The rupee fell sharply by 29 paise to
72.49 against the dollar Monday as the greenback strengthened overseas.Forex dealers said the greenback's strength against other currencies
overseas, after reports that China had cancelled upcoming trade talks with the US, weighed on the Indian rupee
benchmark Sensex dropped 124.14 points, or 0.33 per cent, to 36,717.46 after opening higher at 36,924.72 in the opening trade Monday.(Except
for the headline, this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)