INSUBCONTINENT EXCLUSIVE:
MUMBAI: Extending losses for the second session, the rupee weakened by 5 paise to trade at 68.87 against the US dollar in early trade on
Wednesday on sustained capital outflows as the greenback strengthened overseas.Forex dealers said besides increased demand for the US
currency from importers, persistent outflows by foreign funds and the dollar's strength against some other currencies overseas, and an
escalating trade spat between the US and China also weighed on the rupee
On Tuesday, the rupee ended lower by 10 paise to close at 68.82 against the US currency due to fresh buying of the dollar by importers after
36,299.26, but soon turned choppy.(Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is published
