Indian Rupee weakens 9 paise against US dollar

Mumbai, India (BBN)-Indian rupee depreciated by 9 paise to trade at 63.48 against the dollar due to fresh demand from importers and gains in the American currency against major currencies globally.
At the Interbank Foreign Exchange, the domestic currency weakened by 9 paise in early trade due to fresh demand from importers, dealers said, reports the Press Trust of India.
On Friday last, the rupee had closed steady at 63.39 against the dollar as demand matched supply from exporters and banks.
BBN/SK/AD

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