Rupee falls 3 paise to 89.90 against US dollar in early trade

MUMBAI: (Jan 8) The rupee fell 3 paise to 89.90 against the US dollar in early trade on Thursday weighed down by a rise in global crude oil prices and FII outflows.

A strengthening dollar and weaker sentiments in the domestic equity markets put additional pressure on the rupee, forex traders said.

At the interbank foreign exchange, the rupee opened at 89.96 against the US dollar and later rose to 89.90, lower by 3 paise from its previous close.