Rupee slips 16 paise to 74.68 against U.S. dollar in early trade

Rupee slips 16 paise to 74.68 against U.S. dollar in early trade

he Indian rupee depreciated by 16 paise to 74.68 against the U.S. dollar in opening trade on Friday, tracking the negative domestic equity market and a firm American dollar. Further, unabated foreign fund outflows weighed on investor sentiment, traders said.