INSUBCONTINENT EXCLUSIVE:
FPIs sold shares worth a net Rs 1,343.44 crore on Friday.
The Indian rupee lowered by 29 paise to
68.13 against the US dollar in early trade on Monday
As demand for the American unit from importers and banks picked up, Indian rupee weakened
Also, pressure was put on Indian rupee as domestic equity markets opened on a negative note
According to dealers, US dollar falling to a two-week-low against the yen on global trade concerns also capped the losses
On Friday, the rupee had continued its rally for the third straight session
